Alphabet Raises €3 Billion in European Bond Sale to Fuel AI and Cloud Expansion
Alphabet Inc. has launched a €3 billion multi-tranche bond offering in Europe, marking its second debt issuance in the region this year. The tech giant's capital expenditures are projected to reach $91-$93 billion in 2025 as it accelerates investments in artificial intelligence infrastructure and cloud computing capabilities.
Google's parent company saw third-quarter revenues hit $87.5 billion, powered by surging demand for its cloud services and AI products. Revenue from generative AI models alone grew more than 200% year-over-year, validating the company's massive infrastructure spending.
The bond sale follows Alphabet's successful €6.75 billion offering earlier in 2025, which saw robust investor appetite. Proceeds will fund data center construction and AI chip acquisitions as the company positions itself at the forefront of the AI revolution.