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Tech giants mobilize for a $660 billion AI infrastructure push

1 min read
Source: Financial Times
Tech giants mobilize for a $660 billion AI infrastructure push
Photo: Financial Times
TL;DR Summary

Alphabet, Amazon and Meta are leading a $660 billion AI infrastructure drive this year, funding chips and data centres with a mix of cash flow, debt and potential equity issues. The scale may outpace current cash generation, pressuring shareholders’ returns and prompting a surge in bond and equity issuances as analysts flag capital spending overhangs and funding risks.

Topics:business#artificial-intelligence#big-tech#capital-markets#debt-financing#infrastructure-investment#technology
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