Microsoft issues $25 billion in bonds for artificial intelligence
Published
The American technology company Microsoft issued $25 billion in bonds on the US market. This is the largest offering of this kind the company has made in the United States.
Bonds are debt securities. In this way, a company borrows money from investors and commits to repay it, together with interest, on a specific date. Microsoft's issuance is part of a broader trend, as large technology companies, known as Big Tech, are turning once again to the bond market to finance their investments.
The main goal of these investments is artificial intelligence (AI). Its development requires large sums for computing infrastructure and data centres. Market analysts are watching these moves with interest, because they show how much capital is currently being allocated to this technology.
Finally, the available information does not provide details on the exact way the money will be used. The issuance, however, shows that artificial intelligence is becoming increasingly important for large companies, even at the financial level.
Sources: Fortunegreece.com
More Greece news
- The electric Renault 5 gains greater range and arrives in Greece with a special Roland-Garros edition
- Greece to contribute €120 million to European fund for high-tech companies
- Decline in technology and artificial intelligence stocks: How exposed are Greek companies?
- Meeting of Fidan and Güler on the cable across three capitals
- Interview Poll: New Democracy First with 29.4%, Ten Parties in Parliament
- Greece-Cyprus Cable: What Hatzidakis Said About France's License
- Conference on Access to Healthcare: Stelios Kymbouropoulos on the Today Press panel
- Georgia Parasxou at the Health Access Greece conference