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Billions of dollars are being poured into creating data centers for the AI build-out. Kyle Grillot/Bloomberg NewsWall Street is straining to absorb a flood of new bonds from tech companies funding their artificial intelligence investments, adding to the recent pressure in markets.
Since the start of September, so-called AI hyperscalers Amazon AMZN 2.53%increase; green up pointing triangle.com, Alphabet GOOGL 6.31%increase; green up pointing triangle, Meta Platforms META 3.16%increase; green up pointing triangle and Oracle ORCL 0.76%increase; green up pointing triangle have issued nearly $90 billion of investment-grade bonds, according to Dealogic, more than they had sold over the previous 40 months.
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