ALPHABET BORROWS $17 BILLION TO FUND THE AI ARMS RACE — EVEN TRILLION-DOLLAR COMPANIES NEED LOANS NOW Google’s parent company Alphabet just went to the bond market to raise $17 billion — because when your AI buildout is so enormous that even hundreds of billions in cash reserves doesn’t cover it, you grab a loan. Invesco, one of the world’s biggest bond buyers, said big tech firms “need every dollar they can get” to fund AI infrastructure, adding that this is “just the beginning.” When the richest companies on earth are taking out mortgages to pay for their computers, the AI investment frenzy has officially entered a new and gloriously unhinged chapter. Keywords: Alphabet bonds, AI infrastructure spending, Google AI funding, Big Tech AI capex, bond market