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Alphabet selling very rare 100-year bonds to help fund AI investment
(arstechnica.com)
This is a most excellent place for technology news and articles.
100 year bonds to finance purchase of GPUs that fully depreciate in 5 years?
We can sell new 100 year bonds to pay the interest on the old ones.
What about, I mean, think about it, 1000 year bonds?!!
Perpetual bonds are an actual thing
To be fair, bond holders usually just rebuy them when they expire.
Someone appoint this person to the Federal Reserve
Not to mention destroying the home GPU market at the same time.
While using massive amounts of power and slurping up tons of drinkable water.
All to produce AI slop that nobody wants.