Alphabet considers first yen bond sale to fund AI goals

Alphabet plans to sell Japanese yen-denominated bonds for the first time, it disclosed in a filing on Monday, as technology giants tap debt markets to fund artificial intelligence infrastructure deployments.

The Google parent did not disclose the size of the offering. The issuance is expected to total several hundred billion yen, said a source ‌with direct ⁠knowledge of ⁠the deal, adding that the terms are expected to be decided this month.