How Big Tech’s AI Ambitions Are Fueling a Borrowing Boom
For the past few years, the largest US technology companies have been in a costly race to develop advanced artificial intelligence systems while at the same time providing computing power to a burgeoning field of startups. To chase these goals, they have radically changed how they finance their growth. Long reliant on rich revenues and share price increases, Alphabet Inc.’s Google, Meta Platforms Inc. and other tech giants now are borrowing heavily to build the technology that makes chatbots run
Enterprise buyers and decision-makers should pay attention — this could impact AI procurement and implementation strategies across industries.
Why it matters for your wallet: Every major AI industry move creates earning opportunities — from new tools to invest in, skills to learn, or markets to enter. Tracking these developments is how you stay ahead.
