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AI hyperscalers are reshaping the global debt market

Original: AI hyperscalers are transforming debt

The Financial Times reports that AI hyperscalers — the largest cloud and AI infrastructure providers such as Microsoft, Amazon, Google and Meta — are transforming debt markets. Their enormous spending on data centres and computing power is driving new borrowing at historic scale, changing how credit is priced and who dominates corporate bond issuance.

Why now: Tech giants' unprecedented borrowing to fund AI infrastructure is a major new force in global credit markets

MicrosoftAmazonGoogleMetaFinancial Times

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