Big Tech's AI debts threatening to swamp credit markets

That's the warning from Wall Street and investors, if the recent pace of mega With tech firms expected to turn to debt for as much as $1.5 trillion by 2028 to fund expansion in artificial intelligence and data centres, that could widen spreads across the whole market, Morgan Stanley argues. Bond buyers are starting to worry about being compensated for the risks of a bubble in the sector, given recent turmoil in tech stocks. "Our biggest concern is that a flood of data centre financing could cause supply i ...