'Bonkers' AI Spending Spree Backfires — Google, Meta and Microsoft Debt Hit as Investor Anxiety Deepens

The site of Meta's Los Lunas Data Center (Credit: Meta)

Bonds issued by tech titans that are 'hyperscaling' their artificial intelligence (AI) infrastructure have taken hits in recent weeks.

Investors are now selling off the debt accumulated by these companies, highlighting growing concern over tech groups turning to debt markets to finance their AI ambitions, effectively asking public investors to bankroll their expansion.