Look like Google is running out of money to fund its AI biz. Alphabet Looks to Raise About $15 Billion From US Bond Sale https://www.bloomberg.com/news/articles/2026-02-09/google-parent-alphabet-kicks-off-seven-part-us-bond-sale ( https://archive.is/Ki9aD )
For the first time since the dot com bubble, tech companies are issuing bonds again. I wonder how they鈥檒l pay if the AI bubble bursts? Sounds like a risky bet to me.
@nixCraft This is especially worrying when you keep in mind that Alphabet has money streaming into the company through their ads and stuff. They had literally billions of free money which they could throw at any problem.
How anybody thinks that this AI nonsense could ever be remotely profitable escapes my mind.
@nixCraft must be worth it to them, unlike other bullshit generators chatgpt, copilot, claude etc, captain gemini will be #1 used by the masses as it is baked right in to and trained by some of the most ubiquitous thing masses do on the internet - google search on google chrome along with the biggest ad network, largest video platform and largest mobile os.
there's also an impending crypto moment looming: AI has, while not needing to break crypto itself, already criminally undermined the entire support structure.
that's the word anyway from smart folks now finally dumping crypto, even as King Knucklehead's admin has taxpayers *buying in*.
@nixCraft and yet, of all the players, Google design and manufacture (with partners) their own Tensor AI chips, which could potentially massively reduce cost vs NVidia & co.
Where they all fail is monetizing something that no one really wants to pay for.
@nixCraft now we need to ditch all its services till they have losses
The Google is selling bonds in as many as seven parts, with initial price discussions for the longest portion at a premium of about 1.2 percentage point above Treasuries. So if Treasuries rate is 3%, Google will pay 3% + 1.2%.
Capital spending in AI & cloud infrastructure and data centers is expected to reach $3 trillion in aggregate by 2029 as per the TFA. Damn, they are not holding back.
