Alphabet’s 100-Year Bond: A $10 Billion Bet That AI Infrastructure Will Define the Next Century
Submitted by Anonymous (not verified) on Tue, 02/24/2026 - 18:35When a company borrows money it won’t finish repaying until the year 2125, it is making a statement that transcends ordinary corporate finance. Alphabet Inc., the parent company of Google, did exactly that in late June 2025, issuing a massive debt offering that included a century bond — a rare financial instrument that ties the company’s creditworthiness to a timeline stretching far beyond the careers of anyone currently running it. The move signals that Alphabet views artificial intelligence infrastructure not as a cyclical investment, but as a generational one.