Internet Giants Issue Over $10 Billion in Low - Interest Bonds to Amass Resources for the AI Race
2 day ago / Read about 0 minute
Author:小编   

Lately, the stocks of internet platform firms have become a hot favorite among investors. This trend is rooted in the unceasing surge of investment by internet behemoths in the AI realm. Since September of this year, internet conglomerates like Tencent Holdings, Baidu Group, and Alibaba have been ramping up their bond - based financing efforts. Their aim is to further bolster their investments in AI.

Industry experts highlight that, even though these companies boast substantial cash reserves, they still opt for bond financing. This strategic move serves multiple purposes. Firstly, it helps them optimize their debt structures. Secondly, by securing low - interest rates, they can minimize their financing costs. Simultaneously, it enables them to ramp up investment in AI infrastructure, thereby amassing resources crucial for their long - term business growth and development.