Who’s funding Silicon Valley’s data-centre dream? It might be you.
A large part of the investment pouring into AI is being financed by debt of the kind that lines millions of nest eggs
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Big Tech’s $725bn AI spending spree sends free cash flow to a decade low
Silicon Valley giants have transformed from asset-light cash machines to huge infrastructure investors
Who pays for the $3tn AI building boom?
With the data centre race in full swing, private capital is joining Big Tech in seeking to capture the rewards
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
Investor angst over Big Tech’s AI spending spills into bond market
Debt issued by groups that are borrowing to build vast data centres has been hit in recent weeks
Bubble talk has not damped Silicon Valley AI rush
Venture capital dealmaking on Sand Hill Road is still frenzied despite falls in tech sector shares
Silicon Valley’s abundance of hype over abundance
Tech executives are now promising the AI revolution will lead to not just more, but everything