Bytes: Week in Review — Alphabet takes on debt to pay for AI projects, the social network where humans aren't allowed, and Spotify reports record user growth
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Bytes: Week in Review — Alphabet takes on debt to pay for AI projects, the social network where humans aren't allowed, and Spotify reports record user growth
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This week, we look at Spotify's stellar quarter. Plus, there's a new AI-only social network called Moltbook. But first, Alphabet, parent of Google, went to the debt markets this week, raising tens of billions of dollars to fund its AI spending.
One of the bonds Alphabet is offering, issued in British pounds, has a maturity date of 100 years from now. This is very unusual in the corporate world. Marketplace’s Stephanie Hughes spoke with Jewel Burks Solomon, managing partner at Collab Capital, about what she makes of Alphabet doing this kind of borrowing.
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