Alphabet Inc., the parent company of Google, commenced the issuance of high-grade U.S. dollar bonds on Monday, aiming to raise approximately $20 billion. The proceeds are intended to support capital expenditures of up to $185 billion by 2026, with a strategic focus on artificial intelligence infrastructure, including AI chips, data centers, and cloud computing. This marks another significant U.S. dollar bond offering by the company in less than four months, attracting subscription orders exceeding $100 billion.

Separately, Waymo, the autonomous driving unit under Google, announced the launch of fully driverless operations in Nashville, Tennessee. Waymo currently operates a fleet of over 2,500 autonomous vehicles across the San Francisco Bay Area, Los Angeles, the Phoenix metropolitan area in Arizona, Austin, Texas, and Atlanta, Georgia.

It is noteworthy that investor interest in the autonomous driving sector continues to intensify. The autonomous driving startup recently disclosed securing $16 billion in a funding round, valuing the company at $126 billion. This valuation has nearly tripled in less than two years.