NEW YORK: Alphabet Inc is planning to issue yen bonds for the first time in a move that may help fund investments as artificial intelligence (AI) competition intensifies.
The parent of Google is widening its funding sources as it has become a dominant player in nearly every aspect of AI.
The tech giant raised its outlook for capital expenditure this year and it is on the brink of overtaking Nvidia Corp as the biggest company in the world.
It now plans to spend as much as US$190bil, up from a previous estimate of US$185bil, which was already double what it spent in 2025.
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