Alphabet (GOOG) (GOOGL) said on Monday that it intends to raise money from the bond market as it looks to pay for its artificial intelligence-related buildout.
The company did not disclose the amount of money it will raise in the filing, but Bloomberg reported the company is looking to raise approximately $15B from the sale.
Alphabet recently announced it would spend between $175B and $185B on capital spending in 2026, as it looks to ramp up AI momentum across the entire company.
Alphabet shares were fractionally lower in premarket trading.
