Alphabet, Google's parent company, is selling a rare 100-year bond to help fund its massive investments in artificial intelligence, according to sources familiar with the matter. The company is also selling billions in dollar bonds and lining up a Swiss franc bond sale, signaling a significant borrowing spree by Big Tech firms.
The century bond, a form of long-term borrowing, will be part of a debut sterling issuance this week, the sources said. Alphabet also sold $20 billion of dollar bonds on Monday, with the dollar portion of the deal being upsized from $15 billion due to strong demand.
In other news, Google has upgraded its safety tools, allowing them to find and remove more personal information online. The "Results About You" tool can now detect and remove pages containing ID numbers like passports, driver's licenses, and Social Security numbers, according to Ars Technica. Additionally, the tool for removing non-consensual explicit imagery has been made faster to use.
Meanwhile, Kia is entering the electric van market with its PV5 model, which combines futuristic looks with thoughtful design, according to Ars Technica. The PV5 offers various specifications and aims to modernize a vehicle that has seen little innovation in recent decades.
In the realm of entertainment, a new mixed reality play, "An Ark," is utilizing AR glasses to create a uniquely intimate experience, as reported by The Verge. The play allows viewers to interact with the story in a way that feels personal, with one instance involving a conversation with Sir Ian McKellen.
Finally, for those looking to upgrade their home entertainment, Wired has compiled a list of the best TVs for every budget. The recommendations include options from LG, Samsung, TCL, Hisense, Sony, and Panasonic, with choices ranging from budget-friendly models to premium OLED TVs. The selections are based on intensive testing and reviews, helping consumers navigate the wide array of available options.
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