Google, Meta, Amazon, Microsoft and Oracle have issued $121 billion in debt to fund AI bets – four times the usual amount: report | Company business news

Google, Meta, Amazon, Microsoft and Oracle have issued 1 billion in debt to fund AI bets – four times the usual amount: report | Company business news

By Swastika Das Sharma
Publication Date: 2025-11-20 14:54:00

Five AI hyperscalers, namely Google, Meta, Amazon, Microsoft and Oracle, are increasing their debt this year, four times higher than usual.

The big five artificial intelligence (AI) hyperscalers are increasingly funding their AI investments through debt as they pour more money into the latest technology in hopes of scaling their businesses, according to a new analysis from Bank of America.

This is what Bank of America analyst Yuri Seliger said Google, Meta, AmazonMicrosoft and Oracle have already issued a combined $121 billion in debt this year.

In his Nov. 17 research note, Seligar said that of the $121 billion in debt, $27 billion alone was used to finance Meta’s new data center in Los Angeles’ Richland Parish. Additionally, Amazon issued a new $15 billion note on November 17th.

Read also | What happens if the $3 trillion AI investment boom fails?

To put things in perspective, that $121 in debt is more than four times the average debt of these companies…