Credit market hit with $200bn ‘flood’ of AI-related issuance
Jumbo debt sales to fund huge artificial intelligence capex threaten to store up new risks for investors
Related reading
Investors seek protection from risk of AI debt bust
Trading in insurance-like products that protect against tech company defaults is booming
Banks seek to offload risk to avoid ‘choking’ on data centre debt
Global lenders explore private deals and risk transfers to cut exposure to AI boom
Tech groups turn to more chip-backed loans to fund AI arms race
Investors attracted by high yields as companies look to shift debt off their balance sheets
The AI debt boom does not augur well for investors
The surge in investment may end up looking more like previous cycles of over-optimism and heavy capital spending
Fund managers warn AI investment boom has gone too far
Bank of America survey shows a majority of investors think companies are spending too much on AI infrastructure
Big Tech groups launch global borrowing spree to fund AI expansion
US tech giants including Alphabet and Amazon are tapping foreign debt market at an unprecedented rate