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

The recent financial strategies of tech giants Google, Meta, and Microsoft reveal a troubling trend in the AI sector. As these companies ramp up their investments in AI infrastructures to meet soaring market expectations, they are increasingly turning to debt financing. This shift indicates a deeper issue: investor anxiety is mounting over the sustainability of such aggressive spending. The reliance on debt could signal potential vulnerabilities in their business models, raising questions about the long-term implications for their financial health and the broader tech industry. As these companies navigate this precarious landscape, the outcomes of their investments will be closely scrutinized, impacting not only their futures but also the trajectory of AI development and deployment across various sectors.