Big Tech’s AI debt binge puts it in competition with governments for capital

Hyperscalers are borrowing at a record pace to fund data centers, and that puts them in the same bond market lines as Washington Governments used to have the bond market’s biggest appetite more or less to themselves. Now they have company, and it comes with a server farm attached. Amazon , Alphabet , Meta , Microsoft and Oracle are borrowing heavily to fund artificial intelligence infrastructure. That puts them in direct competition with sovereign borrowers, especially the US government, for the same pool of investor cash.

Source: Crypto Briefing