Alphabet Returns to Euro Debt Market for Latest AI Megabond Deal

Alphabet Inc. needs to borrow heavily to fund investments in artificial intelligence, and it’s increasingly tapping every market to do so.

The parent of Google Inc. sold its biggest-ever euro-denominated bonds and and its first Canadian dollar notes, raising almost $17 billion. That comes just a few months after the company issued sterling, and Swiss franc-denominated notes — its debut offerings in the currencies — around the same time as a US dollar debt sale.