Moody’s says ‘unprecedented’ AI spending threatens credit quality of Amazon, Meta, Alphabet and others
Moody’s Ratings released a research note cautioning that the rapid expansion of artificial intelligence infrastructure is creating financial strain for the world’s largest technology companies. The spending surge, occurring at a rate of approximately one trillion dollars annually, is forcing even the most cash-rich corporations to increase reliance on debt issuance, equity sales, and off-balance-sheet financing arrangements to fund their AI initiatives.
The ratings firm projects tha