As opposed to what, them not having it and burning money that isn't their instead like openai and anthropic? At least Google is feeding itself instead of having to create a bubble to stay alive
Big rich companies take on debt for reasons that are sometimes inscrutable from the outside. Recently, they have been borrowing for ~5%, about a half point above what the US government gets for 10-year Treasuries.
Apple has been financing operations with debt for a number of years as part of a complex optimization plan.
No, Google is not broke.
Some expert wall street analysts discussing what they found and how they dissect things, have a healthy skepticism of Big Ai
If my quick search is correct, Google is sitting on a quarter trillion dollars in cash and marketable securities. They could keep doing the negative cash flow thing at this scale for another decade.