On November 2, Alphabet, the parent company of Google, launched its second euro bond issuance of the year, planning a seven-tranche offering — marking another move by a major tech company to raise funds for artificial intelligence investment. People familiar with the matter said the bonds have maturities ranging from 2 to 19 years, with the shortest-dated fixed-rate notes initially guided at around 60 basis points over the mid-swap rate and the longest-dated bonds at a spread of about 205 to 210 basis points. Barclays, BNP Paribas and Deutsche Bank are managing the sale, with pricing expected later on Monday. As the scale and pace of such bond issuance accelerate, investors are showing signs of fatigue, with demand weakening recently — forcing issuers to price at wider spreads and pushing up debt financing costs.