Tech Giants Eye Big Money for AI Dreams

Big tech companies are changing how they get money. They are now borrowing more instead of using their own cash. This is because they want to build data centers ready for AI. A top executive at Barclays said the biggest five tech firms might need almost $100 billion in 2026. This is a lot of money! The executive, Meghan Graper, shared this at a panel discussion. Since September, four major cloud and AI companies have already borrowed nearly $90 billion. These companies are often called "hyperscalers. " They are big players in the tech world. Why are they borrowing so much? They want to build data centers that can handle AI. This is a big shift. Before, they mostly used their own cash for investments. This shows how serious tech giants are about AI. They are willing to take on debt to stay ahead. It's a risky move, but they believe it's worth it.