Tech Giants Borrow $90B for AI Expansion

Big Techs Shift: Four Major Companies Borrow Nearly $90 Billion for AI Expansion - In a significant strategic move, four leading tech companies have issued nearly $90 billion in public bonds since September, marking a shift towards debt financing for AI-ready data center development. This trend, predicted to require nearly $100 billion by 2026, signals a new era of strategic borrowing in the tech industry.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.