Major tech companies, including Amazon and Alphabet, are issuing bonds globally to fund AI expansion, with capital expenditures expected to reach $725 billion. Amazon is set to issue its first Swiss franc bonds, while Alphabet plans to enter the Japanese yen market after issuing bonds in euros, Canadian dollars, and Swiss francs. These moves leverage low-interest rates in markets like Japan and Europe, allowing them to raise funds cost-effectively. In contrast, Meta faces challenges with its recent $25 billion bond offering due to unclear AI monetization plans, while Microsoft relies on its operating cash flow to finance AI investments.
Tech Giants Issue Bonds to Fund $725 Billion AI Expansion
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