By World Socialist Web Site
Publication Date: 2025-12-30 03:21:00
Information and data are now emerging about the growing flow of debt being used to finance the artificial intelligence (AI) boom and how major corporations are developing financial mechanisms to escape the consequences if the growing financial bubble bursts.
After OpenAI launched ChatGPT three years ago, the money to finance the construction of the AI data centers initially came from the cash reserves of large technology companies.
The Financial Times (FT) has reported that US companies have sold $1.7 trillion in investment-grade bonds this year, close to the record $1.8 trillion in 2020 as they rushed to take advantage of ultra-low interest rates at the start of the pandemic.
According to the report, there was an AI credit boom that accounted for 30 percent of investment-grade issuance, “as big tech companies like Meta (the owner of Facebook) and Alphabet (the…
