Google will mark its 28th anniversary this year, having been founded in 1998. And it appears the company is betting it will remain around for much longer. According to reports, Google’s parent company, Alphabet, has issued 100-year bonds that will not mature until 2126.
Bloomberg reports that Alphabet is raising $20 billion through bond issuances in multiple currencies, including the US dollar and the Swiss franc. Regulatory filings show that Alphabet is selling bonds in seven separate tranches, including the century-long bonds.
These bond issuances are part of Alphabet’s push to expand AI infrastructure, with the company planning total investments of $185 billion. Borrowing over such an extended period is being seen as a strong vote of confidence in both Alphabet’s business model and the AI technology it is investing in.
Google and other major tech firms such as Microsoft and Meta believe AI represents a once-in-a-generation breakthrough that will reshape society and generate massive wealth for those who lead the transformation. The move suggests Alphabet is confident not only in its survival but also in its growth prospects over the next century.
Other tech leaders are also making major investments. Google, Meta, Amazon and others have announced plans to spend around $660 billion this year on AI and related infrastructure—about a 60% increase from last year. However, this scale of spending has raised concerns about a potential AI bubble.
The report also notes strong investor interest in Alphabet’s bond sale, with orders estimated at around $100 billion. However, this figure applies to the entire fundraising effort and not specifically to the 100-year bonds.
Alphabet’s financial position is strong. The company reported a record $400 billion in revenue for 2025 and holds cash reserves of around $127 billion. Alphabet had also raised $17.5 billion through bond issuance in November of last year.
Have other companies issued 100-year bonds?
Alphabet joins a very small group of institutions that have issued century bonds. The University of Oxford, the Wellcome Trust, and French energy company EDF have previously issued sterling-denominated 100-year bonds. Oxford waited 800 years before issuing its century bond, while the Wellcome Trust issued its first in 2018, more than 80 years after it was founded.
In 1993, Disney issued the “Sleeping Beauty” century dollar bonds; Disney was founded in 1923.
Google stands apart, however, having existed for just over 27 years. In the tech world, most companies have avoided such long-term debt since the dotcom crash of the late 1990s. IBM and Motorola had issued 100-year bonds before that crash.
