Google-Linked Data Centers Selling Record $5.7 Billion Junk Bond

Google-linked data centers are issuing a record $5.7 billion junk-bond sale to fund AI infrastructure expansion, marking the largest such deal tied to the AI buildout surge. The bonds, classified as high-yield due to higher risk, reflect aggressive capital-raising efforts to meet soaring demand for AI-driven computational power. This move underscores the financial strain on tech giants as they race to scale data center capacity amid exponential growth in AI workloads. The deal highlights how AI’s infrastructure needs are reshaping corporate debt markets, with investors betting on long-term returns from AI-driven revenue streams. Timed for April 2026, the sale signals confidence in AI’s future despite economic uncertainty, positioning data centers as critical assets in the tech arms race.