Alphabet Plans First Issuance of Yen Bonds

On May 11, as competition in the field of artificial intelligence intensifies, Alphabet (GOOG.O) plans to issue yen bonds for the first time, a move that may help raise funds for its investments. The parent company of Google is expanding its financing channels as it has become a leader in almost every aspect of the AI sector. The tech giant has raised its capital expenditure expectations for this year, now planning to spend up to $190 billion, an increase from the previously estimated $185 billion, which was already double its projected spending for 2025. (Jinshi)