Aug 6 (Reuters) – Alphabet is looking to raise as much as $25 billion from its latest U.S. bond offering, Bloomberg News reported on Thursday citing people familiar with the matter, weeks after the tech giant’s 2026 capital spending outlook triggered a selloff.
The company is offering notes in as many as 10 parts, a regulatory filing showed on Thursday. Bloomberg reported the maturities on the notes range from two to 40 years.
Alphabet did not immediately respond to a Reuters request for comment.
The debt raise is the latest in a series of moves by tech giants who have been tapping debt markets and launching equity sales to fund their costly AI infrastructure build-out.
Big Tech collectively is expected to shell out more than $730 billion this year primarily on AI.
Alphabet late in July raised its annual capital expenditure forecast for the second time this year, fanning fears over the pace of returns on its AI investments, especially as concerns mount over delays to its flagship AI model.
The company also reported its first ever negative free cash flow in its second-quarter results.
(Reporting by Deborah Sophia in Bengaluru; Editing by Arun Koyyur)
