Big tech's AI-fuelled debt binge raises risks

Big Tech firms are borrowing heavily to fund AI infrastructure. This shift from using cash reserves worries investors. The trend signals a new, riskier phase for AI. Companies with weaker finances are now involved. Interconnected deals create systemic risk. Valuations for major tech firms are also declining due to this unease.

from Economic Times https://ift.tt/2tU8dEv