TOKYO -- Interest-bearing debt of around 1,300 of the world's biggest tech companies has quadrupled over the past decade to about $1.35 trillion, driven by the explosive growth in demand for generative artificial intelligence services and the data centers that power them.
Technology
AI data center boom pushes tech giants' debt to $1.4tn
Amazon and Oracle's asset-heavy business model causes borrowing to soar
While assets like this Amazon data center are ballooning, many AI services they power have not yet reached profitability. © Reuters
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