Tech Giants' AI Debt Surge

Major tech companies are raising billions in bonds for AI, sparking concerns about debt levels and potential risks to the nine trillion dollar US corporate bond market. Experts predict a surge in AI data center bond sales, which could make up over twenty percent of the investment-grade bond market by 2030. Investors like DoubleLine are worried about the unproven nature of this new sector and its impact on the risk profile of investment-grade credit.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.