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The Economic Times
The Economic Times
National

AI data centre boom doubles Big Tech debt to $350 billion in five years

Amazon Oracle Bonds

The largest builders of artificial intelligence data centres have doubled their debt load in the last five years, turning to borrowing to finance an unprecedented spending spree they claim is needed to transform the economy.

Alphabet, Amazon. com, Meta Platforms, Microsoft and Oracle, the five biggest spenders on new data centres in the US, collectively added some $350 billion to their debt obligations in the last five years, according to data compiled by Bloomberg.

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