算力需求催生融资热，中外科技巨头掀发债潮！

Core Viewpoint - The increasing demand for artificial intelligence (AI) computing power is driving a financing boom among technology giants, with significant bond issuances to support investments in AI and cloud computing [1][3][4]. Group 1: Bond Issuances - Oracle launched an $18 billion investment-grade bond issuance on September 24, marking the second-largest transaction in the U.S. bond market this year, with peak subscription demand nearing $88 billion [1][3]. - Oracle's total bond issuance in 2023 exceeds $25 billion, establishing it as a benchmark operation in the bond market [3]. - Alphabet completed a $5 billion multi-term bond issuance in April, while Apple issued $4.5 billion in May, both aimed at securing long-term funding for AI and cloud initiatives [4]. Group 2: AI Infrastructure Investments - Oracle's financing coincides with its execution of large-scale cloud infrastructure contracts with clients like OpenAI, which has signed a $300 billion deal for computing power over five years [3]. - The CEO of Oracle reported a 359% year-over-year increase in remaining performance obligations, reflecting strong demand for AI-driven cloud infrastructure [3]. - Alibaba is investing $58 billion in AI infrastructure, while Nvidia and OpenAI are collaborating on a strategic partnership to build AI data centers with a capacity of at least 10GW [6]. Group 3: Market Trends and Predictions - Morgan Stanley predicts global spending on AI data centers and chips will reach $2.9 trillion by 2028, with a significant portion requiring debt financing to cover a $1.5 trillion gap [7]. - Analysts suggest that the race to develop superintelligent AI will define the next technological era, with companies that excel in infrastructure and application development becoming industry leaders [7].