Google looking for funds to settle AI debt, and Alibaba sells gaming arm for R24 billion
- Google is not directly mentioned in the article, but Alphabet, the parent company of Google, is looking for funds to settle AI debt through a debut offering of Australian dollar bonds.
- Alphabet's move to raise funds for AI debt comes as US tech firms flood credit markets with debt to fund investments in AI, and OpenRouter's acquisition by Stripe highlights the growing demand for affordable AI solutions.
- The sale of Alibaba's gaming arm for R24 billion is expected to boost the company's drive into AI, while OpenAI's disbanding of its team that gauges the risk of AI models may indicate a shift in the company's approach to AI safety and regulation.
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