Microsoft’s $25 billion AI bond sale attracts $100 billion in bids: Why is it turning to debt despite its cash pile?
Microsoft is planning to raise about $25 billion through its first US investment-grade bond sale in more than nine years, as the technology giant joins its Big Tech peers in turning to debt markets to fund its artificial intelligence (AI) ambitions.
The proposed bond sale had gathered more than $100 billion of orders, or over four times the size of the offering, people close to development informed Reuters.
