Kristen Schwab

Marketplace's Daniel Ackerman looks into why Alphabet is going so long on its debt and who would actually buy these bonds.

Alphabet has plans to spend big, says Dan Ives, a tech analyst with Wedbush Securities, on big data centers.

Alphabet has plans to spend big, says Dan Ives, a tech analyst with Wedbush Securities, on big data centers.

And that is going to take a lot of cash over the course of many years.

And that is going to take a lot of cash over the course of many years.

Giluria is an analyst with D.A.

Giluria is an analyst with D.A.

Davidson, and he says Alphabet's sale of century-long bonds is something of a flex on its competitors in the AI race.

Davidson, and he says Alphabet's sale of century-long bonds is something of a flex on its competitors in the AI race.

They want to communicate to everybody else, we're in it for the long haul.

They want to communicate to everybody else, we're in it for the long haul.

This is a big old game of chicken.

This is a big old game of chicken.

We are going to drive as fast as we can.

We are going to drive as fast as we can.

There are buyers interested in bonds that won't mature until 2126.

There are buyers interested in bonds that won't mature until 2126.

Gerald Cohen, an economist at the University of North Carolina, says some money managers think very far ahead.

Gerald Cohen, an economist at the University of North Carolina, says some money managers think very far ahead.

Insurance companies, pension companies have very long-dated liabilities.