On August 6, 2026, Alphabet Inc. launched a $25 billion investment-grade bond offering that attracted approximately $115 billion in investor orders. The massive demand signaled a strong recovery in investor appetite for artificial intelligence-related debt, which had been tested by a market selloff in July 2026. Alphabet drew in buyers using high premiums, even as Google's DeepMind division faced leadership departures and a strategic shift to California.
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