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🇭🇰 English, 6 October 2026, AI debt

Borrowing by tech giants hits $500 billion in nine months

Borrowing by firms including Google, Amazon and Microsoft has reached around $500 billion in the nine months since January.

Analysts have pointed out that the race to build out AI data centres, servers and chips has compounded the problem, with tech titans no longer able to rely on their vast piles of cash.

Goldman Sachs expects a further ramp-up in 2027, to $1.2 trillion.

AI now accounts for 25 percent of all corporate bond issuance – up from four percent two years ago, according to Chris Della Fave, senior vice president at fundraising advisory firm Post Oak Group.

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