NasdaqGS:GOOGLInteractive Media and Services
Alphabet Ties US$15b Bond Sale And Solar Deals To AI Growth
Alphabet, ticker NasdaqGS:GOOGL, is raising about US$15b through a bond sale tied to capital spending on AI infrastructure.
The company has agreed two long term deals to source 1 gigawatt of solar power in Texas for its AI data centers.
These moves link financing and energy sourcing to the build out of hyperscale infrastructure for AI workloads.
Alphabet, the parent of Google and YouTube, operates at the center of cloud computing, online advertising and AI deployment. As AI models get...