ALPHABET TAPS GLOBAL MARKETS FOR AI FUNDING

The tech giant's dual-currency debt offerings follow a $20 billion capital raise earlier this year, signaling aggressive expansion in AI infrastructure. Alphabet joins peers in tapping diverse funding sources as competition intensifies around data center development. Elsewhere in the sector: Stack Infrastructure is exploring a potential sale of its Asia data center operations valued up to $30 billion, while Microsoft considers delaying its 2030 renewable energy target amid surging power demands. SoftBank founder Masayoshi Son is discussing a multibillion-dollar AI data center project in France with President Emmanuel Macron. Blockchain firm Digital Asset raised approximately $300 million at a $2 billion valuation, led by a16z crypto, for its Canton Network privacy-focused platform used by major financial institutions. The coordinated expansion reflects the massive capital requirements driving the current AI infrastructure boom across cloud computing, data centers, and renewable energy systems.