Catenaa, Monday, February 09, 2026- Alphabet is looking to raise about $15 billion from a US high-grade dollar bond sale, adding to a borrowing spree by companies for the AI investment.

Quoting sources, Bloomberg reported that Google’s parent company is selling bonds in as many as seven parts.

Initial price discussions for the longest portion of the deal, a bond maturing in 2066, are for a premium of about 1.2 percentage points above Treasuries, the report said.

Massive cloud-computing companies known as hyperscalers are expected to spend more than $650 billion this year to expand AI infrastructure.

Since last year, the group has flooded the market with debt that investors have so far eagerly absorbed, although concerns are growing that excessive spending on AI may be fueling a bubble.

Just last week, Oracle Corp. raised $25 billion from a bond that attracted a record $129 billion of orders at its peak.

In addition to the US dollar bond offering, the company has mandated banks for potential Swiss franc and sterling debt offerings, including a rare 100-year note, the report said.

Alphabet said last week that it will spend as much as $185 billion this year, far surpassing predictions.

The company also reported fourth-quarter earnings that beat the average of analyst estimates compiled by Bloomberg.

The technology firm last tapped the US bond market in November, when it raised $17.5 billion in a deal that attracted about $90 billion of orders.

As part of that transaction, it sold a 50-year note, the longest corporate tech bond offering in US dollars last year, according to Bloomberg-compiled data, which has tightened in secondary markets. The company also sold €6.5 billion of notes in Europe at the time.

Capital spending in artificial intelligence, cloud infrastructure, and data centers is expected to reach $3 trillion in aggregate by 2029, according to a Bloomberg Intelligence estimate.