{"slug": "alphabet-kicks-off-australian-dollar-bond-sale-as-ai-spending-soars", "title": "Alphabet kicks off Australian dollar bond sale as AI spending soars", "summary": "Alphabet Inc. has started marketing its debut Australian dollar bond sale, seeking to raise about A$5 billion (US$3.6 billion) in four maturities, including a 20-year note, according to Australia & New Zealand Banking Group. The fundraising comes as Alphabet raised its capital spending forecast to as much as US$205 billion this year to fund artificial intelligence capabilities, trailing only Amazon.com Inc. among large US corporates in global debt issuance for AI ambitions.", "body_md": "# Alphabet kicks off Australian dollar bond sale as AI spending soars\n\nIt is seeking to raise about A$5 billion (US$3.6 billion)\n\nALPHABET started marketing its debut Australian debt offering as the US tech giant targets its latest multi-billion dollar fundraising, with AI spending skyrocketing.\n\nThe firm is offering Aussie dollar notes in four maturities, including one as long as 20 years, according to an emailed statement from Australia & New Zealand Banking Group, one of the banks on the deal.\n\nAlphabet is seeking to raise about A$5 billion (US$3.6 billion) in the deal, people familiar with the matter said earlier.\n\nAlphabet last month raised its capital spending forecast to as much as US$205 billion this year, reigniting concerns about how Big Tech plans to recoup profits from the trillions of dollars they are aiming to spend on their artificial intelligence capabilities.\n\nAlphabet trails only Amazon.com Inc. so far this year among large US corporates in tapping global debt markets for tens of billions of dollars to fund AI ambitions, even as investors become more picky about which deals to join.\n\nIn addition to the US market, Google’s parent company has also sold bonds in Swiss francs, British pounds, euros, Canadian dollars and Japanese yen in 2026.\n\nAustralia’s dollar bond market is drawing increasing attention from global treasurers and issuance by overseas borrowers is running at a record pace this year.\n\nThe Kangaroo market is benefiting from growing demand from both foreign and local investors, which is making it easier for firms to price larger deals and longer bonds. BLOOMBERG\n\nDecoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.\n\nShare with us your feedback on BT's products and services\n\n[TRENDING NOW](/pulse?ref=trending-now)\n\nKallang Distripark set to be redeveloped for thousands of new private homes\n\nFinancial planners urge investors to consider other options as T-bills yields lose steam\n\nCar-rental firm Charlotte Vehicle allegedly owes about S$140,000 to 34 customers\n\nToo little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry", "url": "https://wpnews.pro/news/alphabet-kicks-off-australian-dollar-bond-sale-as-ai-spending-soars", "canonical_source": "https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/alphabet-kicks-australian-dollar-bond-sale-ai-spending-soars", "published_at": "2026-08-18 01:06:44+00:00", "updated_at": "2026-08-18 01:12:17.004355+00:00", "lang": "en", "topics": ["artificial-intelligence"], "entities": ["Alphabet Inc.", "Australia & New Zealand Banking Group", "Amazon.com Inc.", "Google"], "alternates": {"html": "https://wpnews.pro/news/alphabet-kicks-off-australian-dollar-bond-sale-as-ai-spending-soars", "markdown": "https://wpnews.pro/news/alphabet-kicks-off-australian-dollar-bond-sale-as-ai-spending-soars.md", "text": "https://wpnews.pro/news/alphabet-kicks-off-australian-dollar-bond-sale-as-ai-spending-soars.txt", "jsonld": "https://wpnews.pro/news/alphabet-kicks-off-australian-dollar-bond-sale-as-ai-spending-soars.jsonld"}}