Tech Giants' Debt Surge for AI: Risks & Rewards

Investors are growing concerned about the surge in debt among big tech companies funding AI projects, which could strain the corporate bond market and potentially make tech stocks less attractive. Four major cloud computing and AI platform companies have issued nearly ninety billion dollars in public bonds since last September. This shift marks a change for Silicon Valley firms, typically relying on their own cash for investments. Despite doubts about AIs profitability, many believe these companies have strong business lines and can absorb more debt.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.