Alphabet set to issue its first yen-denominated bonds

Google parent is expected to use the proceeds to fund its AI expansion Alphabet is tapping the yen bond market to finance its AI endeavors. (Photo by Kaori Yuzawa) TOKYO — Google parent Alphabet is preparing to issue yen-denominated bonds, Nikkei learned on Monday, marking the company's first issuance of yen bonds as the tech sector rushes headlong into the AI era.

Read the full article at the source →