Google seeks $6.7B in bond sale after $500B wipeout amid AI spending fears
Google parent Alphabet is initiating a bond sale in response to a significant market value decline. The company is targeting $6.7 billion through €6 billion in debt offerings. Investors have expressed concerns about the costs associated with expanding artificial intelligence infrastructure. Despite these worries, demand for the new bonds has reportedly exceeded €17 billion.
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
