Alphabet Issues First 100-Year Bond to Underwrite AI Spending Surge
Alphabet issued its first-ever 100-year bond to finance accelerated AI research and infrastructure spending, marking its longest-dated debt issuance. Alibaba Cloud’s Qwen AI platform processed a record 120 million Lunar New Year orders over six days under a 3 billion yuan ($431 million) incentive campaign, intensifying AI commerce competition.
1. Alphabet Announces 100-Year Bond
Alphabet has launched its inaugural centennial bond, offering debt that matures in 2126 to institutional investors. The issuance represents the company’s longest-dated borrowing and underscores its commitment to funding expanded AI research, data centers and long-term infrastructure buildouts.
2. Alibaba’s Qwen Orders Highlight AI Commerce Competition
Alibaba Cloud’s Qwen platform drove a surge in AI-powered shopping, recording 120 million orders in six days during its 3 billion yuan ($431 million) Lunar New Year incentive blitz. The campaign has bolstered Qwen’s ranking atop China’s app stores and signals mounting competition for AI-driven consumer engagement.