Alphabet Sells $25 Billion of Corporate Bonds in US, Europe

WATCH: Alphabet is returning to Europe’s debt market for the second time this year as the Google parent, led by CEO Sundar Pichai, raises funds to support record capital spending on AI and cloud infrastructure.Source: Bloomberg

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By Helene Durand, Brian W Smith, and Caleb Mutua

November 3, 2025 at 8:25 AM UTC

Updated on

November 3, 2025 at 10:34 PM UTC

Alphabet Inc. sold $17.5 billion of bonds in the US, after issuing €6.5 billion ($7.48 billion) of notes in Europe, adding to a wave of borrowing from technology companies as they invest aggressively in artificial intelligence.

The firm’s latest earnings showed surging demand for cloud and AI services. Technology companies are betting on a future powered by gigantic data centers filled with humming servers, which has supercharged spending on AI.