Google’s parent company Alphabet has issued century-long bonds, drawing pension fund interest while sparking worries over potential debt-driven competition in artificial intelligence.
Alphabet, the parent company of Google, has issued 100-year bonds, a rare long-term debt instrument that has attracted interest from pension funds seeking stable returns. However, the move has raised concerns among analysts about a possible debt-fueled race in the AI sector, as companies may leverage such financing to aggressively expand artificial intelligence capabilities. The issuance reflects growing investor appetite for unconventional long-term debt structures, but also underscores apprehensions about over-leveraging in pursuit of technological dominance.