Google has borrowed money to repay in 2126. AI is already financed with debt for a century ahead

Alphabet has just closed the largest debt transaction in its history: $20 billion in bonds. And it is preparing something even rarer: an issue in pounds that includes a 100 year bond. Expires in 2126. Why is it important. No major technology company has issued a centenary bond since IBM in 1996. That Google is doing it now says a lot about the scale of investment AI requires. And that this race is financed with wild debt. The background: A bond is borrowed money. The company pays periodic interest and returns the principal at maturity. The routine is terms of 5, 10 or 30 years. The extraordinary thing is to ask for money from a century into the future. Investors lined up: demand exceeded 100 billion, five times what Google was asking for. Alphabet planned to raise 15 billion, but raised the offer to 20 billion due to the flood. Between the lines. A century-year bond is a statement of intent: “we are building infrastructure that will last generations.” Google is thus conveying that AI is not a three-year fad or something that we will forget after the puncture, but something that will transform the economy in the long term like railways or electricity did. Yes, but. Michael Burry, the investor who anticipated the 2008 crisis, has issued a warning that has gone viral: the last technology company that issued a centenary bond was Motorola in 1997. And according to him, that was “the last year in which Motorola mattered.” In 1997 it was a top 25 company in the United States, but a year later, Nokia overtook it and then the iPhone, Android, Chinese manufacturers arrived… and now, in the hands of Lenovoit barely fits into the top 10 mobile manufacturers. Burry asks: is this trust or the gesture made right at the top, before everything changes? The figures. Alphabet’s spending on infrastructure this year may reach, according to figures published by the companyat 185,000 million dollars. More than the previous three years combined. They are data centers, chips, computing capacity for AI… The five other large companies that have increased their capex (Amazon, Google, Meta, Microsoft and Oracle; Apple has reduced it) issued 121,000 million in bonds last year. Four times more than the annual average for 2020-2024. Main winner? Google, without a doubt. Issuing very long-term debt locks in favorable interest rates for decades. If they go up, Google already has its financing. If they go down, you can buy back the debt sooner. Plus, the interest is deductible, so it’s cheaper than using your own cash. And it does not dilute shareholders. Win-win-win. What is happening. The era in which technology companies grew solely by turning to their profits is over. The enormous expense required by the infrastructure for AI makes them use financial instruments that until now they had barely needed. They are no longer software startups. They are the largest infrastructure builders of the 21st century. And they need a lot of capital. The big question. Is giving bonuses for a century vision or overconfidence? Probably both: What is certain is that technology companies now compete in the debt markets like banks and large industrial companies. And that defines what our industry has become. In Xataka | The intellectual luxury of our era is sustaining our attention, AI is making it worse Featured image | Mitchell Luo

A company claims to have created the first transparent computer monitor: it has borrowed technology from aviation

The idea of ​​“seeing through” the screen is not new. For decades, HUDs have projected data onto the windshields of airplanes. and today many cars offer own versions to show speed or navigation without taking your eyes off the road. That principle, project or reflect information on a transparent elementis the one that Visual Instruments ensures have brought to the desktop with Phantom, a monitor that seeks to mix the digital and the physical and that adjusts its transparency in real time. Phantom does not use a panel that becomes transparent on its own, but rather an optical assembly similar to that of a teleprompter or HUD. The image is reflected in a tilted glass and thus appears to “float” over what is behind, with an opacity control that allows it to go from transparent to opaque. The company presents it as “the first transparent computer monitor.” The key to the invention is in the optics, not in a futuristic panel According to the manufacturer, Phantom is presented as a 24-inch monitor in 16:9 format with 4K resolution. The company sets the brightness in a range from 5 to 5,000 nits and places the color coverage at 100% sRGB, figures that must be confirmed when the product reaches the hands of users and analysts. As for the connection, it is limited to the most common options: USB-C with DisplayPort and HDMIwithout the need for additional software to operate. {“videoId”:”x87bool”,”autoplay”:false,”title”:”How to CALIBRATE your MONITOR for VIDEO GAMES and enjoy it to the fullest”, “tag”:”monitor”, “duration”:”230″} It is worth putting it in context. Transparent screens have been appearing in consumer markets for years. LG has been marketing a 77-inch transparent OLED TV since 2024. Lenovo, for its part, has also developed a concept laptop with a transparent panel. The difference here is key: those products use transparent base panels, while Phantom uses, as we say, HUD-type optics. They are different technological routes, with different commitments and limitations. Aspects such as contrast, color representation with different ambient lights, the presence of reflectionsuniformity or comfort in prolonged use remain unknown. It is also unclear to what extent alternating between the monitor and the background can translate into real relief from eye strain beyond the idea put forward by the manufacturer. Everything will depend on the first independent tests and the measurements that are published when demonstration units exist. In Xataka There is a cheap TV sweeping Amazon: after a week of use it became clear in which situations it can make sense Phantom arrives, therefore, as a suggestive idea that has yet to demonstrate whether it can be sustained in everyday use. The commercial status points to a very early and selective launch. The Founders Edition is limited to ten units intended for early adopters, with shipping expected in Q4 2025, 30-day returns, and a one-year warranty. The price is not final: each unit is custom configured, but the company itself compares it to an Apple Studio Display whose price in Spain starts at 1,779 euros. Images | Visual Instruments | Telstar Logistics In Xataka | Xiaomi TV S Pro MiniLED 2026, analysis: the juggling act of wanting to offer the quality of a high-end and the price of a mid-range (function() { window._JS_MODULES = window._JS_MODULES || {}; var headElement = document.getElementsByTagName(‘head’)(0); if (_JS_MODULES.instagram) { var instagramScript = document.createElement(‘script’); instagramScript.src=”https://platform.instagram.com/en_US/embeds.js”; instagramScript.async = true; instagramScript.defer = true; headElement.appendChild(instagramScript); – The news A company claims to have created the first transparent computer monitor: it has borrowed technology from aviation was originally published in Xataka by Javier Marquez .

Ukraine has borrowed the most basic idea of ​​Lego. And has transformed it into the final machine for war

Drones with shotguns of double cannonrobots Lanzaluelaunmanned vessels With missilesairplanes With shotgunsdevices with kilometer cables of optical fiber Looking for its goal through algorithms … The war in Ukraine became the largest war laboratory of modern contests, but in recent months that transformation has become more palpable than ever. Because soldiers are no longer recruited, they are recruited directly robots. Modular fights. They counted this week In Insider that among the key actors of this unprecedented experimentation of military terrestrial robotics is the company Estonia Milrem Roboticswhose land autonomous vehicle Themis It has been deployed by the Ukrainian forces on the front. The striking, however, is not only the presence of these systems, but the way in which Ukrainian soldiers are using them: unforeseen and highly creative. Kuldar Väärsi, founder of the company, He has highlighted that troops have managed to expand their abilities by adding modifications, adaptations and even using them to Not expected taskssuch as collection of corpses, controlled explosions, supply transport or mines. In a context where each resource can mean life or death, tactical innovation is born directly from the front. Military Lego. The Thanmis model can load up to 1,200 kgmove at 20 km/Hy wearing weapons like machine guns or launcherin addition to acting in evacuation, transport or deactivation tasks. However, its real value lies in its modularity: it is an adaptable system, almost like a set of War Legoaccording to Oleksandr Yabncanka, head of robotized systems of the Da Vini Wolves battalion. Without having specialized models for each mission, the Ukrainian units use a single type of robot as a common basis They modify according to your operational needs. This flexibility reflects a generalized philosophy in the Ukrainian army since the beginning of the conflict: improvise, adapt, survive. Fifth Generation Themis Military reinvention. Since the first year of war, Ukraine has been synonymous with reuse and Technical creativity. He has re -adapted Western lanzamisiles to Soviet platforms, mounted machine guns old in trucks, modified drones Commercial for suicidal missions and created mills such as unmanned ships and turrets with artificial intelligence. Milrem is not the only company at stake: local companies such as Roboneers either FRDMtogether with European signatures such as ARX ​​Robotics (Germany) or Isolit-Bavo (Czech), are actively collaborating in the design and deployment of new models of land robots. This confluence between foreign industry, local operators and tactical demands generates an eInnovation sew that had not been seen before on this scale. The war of the future. Be that as it may, there is a name that has risen above the other models. Bloomberg explained it With a scene: on the wooded banks of the Dnieper River, on the outskirts of kyiv, two small robotic vehicles descend towards the sand as if they were mechanized crabs. One transports food, the other sowing anti -tank mines. It is about Termit modelTangible symbol of how Ukraine, after three and a half years of total war against Russia, has become the forge of a new war paradigm: a war based on modular technology, cheap and fast to produce. In a context of scarcity, urgency and systematic improvisation, the country has managed to create an arms ecosystem that rivals (for its agility and efficiency) with the great industrial powers. Already the 40% of the armament which uses comes from National Sourcesand according to Zelenski, this autonomy can serve as model for allies of NATO that face an increasingly volatile and dangerous geopolitical future. Military production, as he says Oleksandr Kamyshin experthas become the oil of Ukraine, the resource on which its survival is constructed. Ukrainian Termit Models Robot and converted engineers. The case dE Maksym Vasylchenko embodies the metamorphosis of the country. In 2022 he worked by installing food machinery for international companies; today directs Tencorea startup that has developed The Termitthose modular robots that already use more than twenty military units in the front. With satellite connectivity Via Starlink and load transport capacity, evacuation of wounded or deployment of mines, these vehicles They have replaced to soldiers in areas of maximum risk, not only because they are more expendable, but for its lower cost: a basic termit It costs $ 20,000while the death of a soldier supposes the State a nearby total compensation at 380,000. A different company. Of five initial employees to early 2024Tencore has grown to 175 workers, six venues, and projections of 80 million dollars In annual income. All driven by direct collaboration with combatants: a chat with forty active users serves as a constant feedback channel, where every five or ten minutes suggestions are provided. This agility, impossible in the processes of acquiring Western governments, is one of the keys to the success of the Ukrainian model. An army of termit ready for operations An area of ​​death. We have coming counting: The war in Ukraine has established a new operational environment dominated by low cost drones. Approximately the 70% of the Russian team destroyed has fallen by unmanned vehicles, many of them converted commercial adaptations. These FPV units already operate in almost any climatic condition, deliver blood in trenches or attack tanks with surgical precision. The battlefield has become constant, immediate and three -dimensional, expanding the call Kill Zone At any time and place. At the beginning of June, Ukraine demonstrated its offensive capacity coordinated to the destroy bombers strategic in Russian bases that went from the north of the country to Siberia. The traditional logic of the front has been replaced by a decentralized war where the direct human risk is reduced to the minimum possible thanks to autonomous, fast and sacrifiable platforms. The Russian answer. Of course, Moscow has not lagged behind. As We have spoken For weeks, ha adapted the drones Iranian Shahed to your needs and has begun to display vehicles Fiber cable guided optics, which makes them immune to electronic interference. In May, the Russian production of combat drones increased 17% In a single month. The Russian strategy is clear: standardization, volume and industrial … Read more

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