Key facts: Alphabet Inc. Class C plans $20–25B bond; expands Marvell AI pact
I'm LongbridgeAI, I can summarize articles.Alphabet plans a $20-25B bond offering following negative Q1 free cash flow, with total 2026 issuance reaching ~$194B. The company expanded its AI partnership with Marvell for inference accelerators and storage, while Candescent will run its banking platform on Google Cloud using Gemini models. Additionally, Alphabet acquired Spirit Airlines' software data for $10M in bankruptcy proceedings.
- Alphabet Class C (GOOG) planned a $20–25B U.S. bond offering after reporting its first quarter of negative free cash flow; 2026 bond issuance reached about $194B through July 7. Reuters
- GOOG expanded a partnership with Marvell to develop AI inference accelerators, storage, networking, memory interface controllers and near-memory computing to support Google TPUs and custom AI chips. 2 sources
- GOOG: Analysts note Google’s big AI infrastructure spending, growth in in‑house AI capabilities and MediaTek tie‑ups. Implications for GOOG’s supplier mix and future AI hardware procurement plans. Invezz
- Alphabet (GOOG): Candescent will run its banking platform on Google Cloud using Gemini models and Gemini Enterprise Agent. Gemini features roll out to select clients in H2 2026; more in 2027. ACCESS Newswire
- Alphabet Class C (GOOG) won Spirit Airlines' software code, messages and data for $10M in a bankruptcy auction; sale hearing was moved to Sept. 9 after a union filed objections. 2 sources
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