🚨 AI borrowing is going vertical. Big Tech issued a record $120B in corporate debt in 2025 to fund AI-related investment. That’s +500% vs 2024 and more than the previous four years combined. Amazon $AMZN, Alphabet $GOOGL, Meta $META, Microsoft $MSFT, and Oracle $ORCL are now projected to issue +18% more debt in 2026, taking the total to ~$142B. In an upside scenario, issuance could reach $317B a +164% YoY surge. AI isn’t just a tech cycle anymore. It’s a credit cycle. ⚡️📈

🚨 AI borrowing is going vertical.

Big Tech issued a record $120B in corporate debt in 2025 to fund AI-related investment.
That’s +500% vs 2024 and more than the previous four years combined.

Amazon $AMZN, Alphabet $GOOGL, Meta $META, Microsoft $MSFT, and Oracle $ORCL are now projected to issue +18% more debt in 2026, taking the total to ~$142B.

In an upside scenario, issuance could reach $317B a +164% YoY surge.

AI isn’t just a tech cycle anymore. It’s a credit cycle. ⚡️📈