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Alphabet Taps Global Debt Markets With Multi-Currency Bond Offering

Alphabet Inc. launched a $17 billion bond sale across multiple currencies to finance artificial intelligence infrastructure expansion. The company issued debt denominated in dollars, euros, pounds, francs and yen, signaling aggressive capital raising across global markets. The offering underscores mounting debt levels across the technology sector as major firms accelerate AI spending. Alphabet's market valuation has climbed toward the $5 trillion threshold, positioning the search giant to potentially displace Nvidia as the world's most valuable company. The multi-currency approach reflects growing competition for capital in the AI investment boom, with major technology companies competing for funding to support long-term infrastructure plans.