Alphabet filed a prospectus to raise $15 billion in US bonds across maturities from five to 30 years. The deal includes a rare performance-linked tranche tied to AI development milestones, aiming to fund capital expenditures and research while potentially lowering overall borrowing costs.

Autodesk initiated legal action against Google for allegedly embedding its AI-powered movie-making software into Google’s video tools without authorization. The complaint seeks damages and injunctive relief for patent and copyright infringement, which could force licensing negotiations or operational changes in Google’s AI media services.