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Industry·1d ago·all news from July 10, 2026

Big Tech Doubles Debt Load to $350 Billion in AI Spending Spree

Major technology companies have increased their total debt to 350 billion dollars over the last five years to fund the construction of large-scale data centers for artificial intelligence. This borrowing surge reflects the massive capital requirements needed to build infrastructure that these firms argue is essential for long-term economic transformation. By relying on debt to finance these projects, these corporations are shifting their financial strategies to maintain their competitive positions in the evolving technology sector.

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