Alphabet Issues 100-Year Sterling Bond to Fuel AI Expansion

Alphabet, the parent company of Google, has entered the debt market with a rare 100-year sterling-denominated bond issuance. This strategic move is designed to diversify the company's lender base while securing long-term capital for its massive investments in artificial intelligence. The issuance comes as Alphabet ramps up capital expenditure to maintain its competitive edge in the global AI arms race. However, the move has sparked discussions among analysts regarding the long-term sustainability of such debt-heavy financing for technology infrastructure. While the bond reflects strong investor confidence in Alphabet's longevity, it also highlights the immense costs associated with building AI data centers. Market participants are now closely watching how this ultra-long-term debt will impact the company's credit profile and the performance of GOOGL shares.