Alphabet issued a record ¥576.5 billion (about $3.6b) yen-denominated corporate bond, the largest ever by a foreign company in Japan. The sale is Alphabet's first yen bond and is aimed at funding AI infrastructure, including cloud and datacenter capacity. This deal is part of a wider funding push that has seen Alphabet raise close to $60b in global debt markets for AI spending. Wall Street is increasingly focused on the scale of AI related borrowing by large tech companies and its impact on...
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