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Investors have already handed the AI hyperscalers more than twice as much money in 2026 as through all of last year.
Why it matters: The astonishing scale is raising concerns over an AI bubble bursting, as well as worries over whether these investments will actually pay off in the end.
By the numbers: Just five companies — Alphabet, Amazon, Meta, Microsoft and Oracle — have raised $255.34 billion through both equity (creating new shares of stock) and debt (issuing bonds), according to data from S&P Global Market Intelligence.
