Anthropic’s $1.8bn Cloud Deal and Alphabet’s First Yen Bond Spark AI Funding Race
Anthropic signed a $1.8bn multiyear cloud contract with Akamai to expand AI infrastructure capacity outside existing partnerships. Alphabet is weighing its first yen-denominated bond issuance to fund AI ambitions, paralleled by Amazon’s planned Swiss franc bond, signaling intensified financing competition in the AI sector.
1. Alphabet Eyes First Yen Bond
Alphabet is exploring its inaugural yen-denominated bond issuance to diversify funding sources for AI research and development, marking a strategic move into the Japanese debt market to finance technology expansion.
2. Anthropic Secures $1.8bn Cloud Deal
Anthropic has agreed to a $1.8 billion, multiyear cloud capacity contract with Akamai, aiming to bolster its AI service delivery and reduce reliance on any single cloud provider.
3. Amazon Prepares Swiss Franc Bond
Amazon is preparing its first Swiss franc bond to tap European capital markets for AI project financing, reflecting broader tech-sector demand for diversified funding in the race to build advanced AI capabilities.