{"id":460381,"date":"2026-02-10T15:41:09","date_gmt":"2026-02-10T15:41:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/460381\/"},"modified":"2026-02-10T15:41:09","modified_gmt":"2026-02-10T15:41:09","slug":"alphabet-to-sell-rare-100-year-bond-to-fund-ai-expansion-media-reports-say","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/460381\/","title":{"rendered":"Alphabet to sell rare 100-year bond to fund AI expansion, media reports say"},"content":{"rendered":"\n<p class=\"yf-vbsvxt\">Feb 10 (Reuters) &#8211; Alphabet is selling a rare 100-year bond in a first for the tech industry since the dot-com bubble from 1990s, media reports said, as Big Tech increasingly leans \u200bon debt to fund its surging spending on <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:artificial intelligence;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a> infrastructure.<\/p>\n<p class=\"yf-vbsvxt\">The Google parent said on Tuesday it \u200chad sold bonds worth $20 billion in a seven-part offering, the latest sign of the tech industry&#8217;s growing appetite for debt after years of \u200crelying on strong cash flows to fund investments.<\/p>\n<p class=\"yf-vbsvxt\">Alphabet is also selling 5.5 billion pounds ($7.53 billion) worth of sterling bonds in a five-part deal, including a rare 100-year tranche, according to International Financing Review.<\/p>\n<p class=\"yf-vbsvxt\">It did not respond to a request for comment on the sterling offering.<\/p>\n<p class=\"yf-vbsvxt\">The company&#8217;s sale of a century bond is a rarity. Sales of such bonds \u2060grew during the period of ultra-low interest \u200crates that followed the great financial crisis. But they died down after 2022 as central banks raised interest rates sharply in the aftermath of the COVID-19 pandemic.<\/p>\n<p class=\"yf-vbsvxt\">&#8220;You have an \u200dextraordinary time period that we&#8217;re living through now with the change in technology,&#8221; said Jason Granet, chief investment officer at BNY.<\/p>\n<p class=\"yf-vbsvxt\">&#8220;Today it comes with a 100-year debt issuance out of Google&#8230; That&#8217;s representative and indicative of a lot of the capital spending, \u200ba lot of the investment that&#8217;s going through in markets and technology.&#8221;<\/p>\n<p class=\"yf-vbsvxt\">Big Tech&#8217;s pivot to the bond \u200cmarket, however, has raised investor concerns as payoffs have not kept pace with the huge AI spending from U.S. tech giants, while businesses adopting the technology have so far seen limited productivity gains.<\/p>\n<p class=\"yf-vbsvxt\">Capital expenditure from Alphabet, <a href=\"https:\/\/www.yahoo.com\/organizations\/microsoft\/\" data-ylk=\"slk:Microsoft;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Microsoft<\/a>, Amazon.com and Meta Platforms is expected to total at least $630 billion this year, with most of spending focused on data-centers and the AI chips that power them.<\/p>\n<p class=\"yf-vbsvxt\">The seven tranches of Alphabet&#8217;s dollar notes mature every few years, starting in \u20602029, and go all the way up to 2066, according \u200bto a regulatory filing on Tuesday.<\/p>\n<p class=\"yf-vbsvxt\">Some analysts said Big Tech&#8217;s greater \u200buse of debt reflects a pivot from asset-light models toward long-term infrastructure.<\/p>\n<p class=\"yf-vbsvxt\">&#8220;Century bonds are usually the preserve of governments or regulated utilities with very predictable cash flows, so this deal shows \u200dthat, at least for now, \u2060investors are willing to take on very long-dated risk tied to AI investment,&#8221; said Lale Akoner, global market analyst at eToro.<\/p>\n<p class=\"yf-vbsvxt\">Oracle had also disclosed a $25 billion note sale on February 2 in a securities \u2060filing.<\/p>\n","protected":false},"excerpt":{"rendered":"Feb 10 (Reuters) &#8211; Alphabet is selling a rare 100-year bond in a first for the tech industry&hellip;\n","protected":false},"author":2,"featured_media":460382,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,4613,181,507,7250,18280,19608,53871,214876,74],"class_list":{"0":"post-460381","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-alphabet","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-big-tech","13":"tag-bond-market","14":"tag-chief-investment-officer","15":"tag-debt-issuance","16":"tag-media-reports","17":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/460381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=460381"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/460381\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/460382"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=460381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=460381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=460381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}