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Big Tech's AI debt load reaches $350B
Bloomberg reported July 10 that major US tech companies doubled aggregate debt to $350 billion to fund AI data centers and chip procurement.
Bloomberg’s figures cover Alphabet, Amazon, Apple, Meta, and Microsoft. The debt load reflects data center construction and chip procurement commitments running years into the future. Against record H1 2026 AI investment across the sector, this puts the big cloud providers in a position where continued AI capex is structurally locked in regardless of short-term revenue performance, with staffing reductions at Microsoft partly funding the infrastructure build.
sources 1 cited
1 bloomberg.com Big Tech doubles debt load to $350 billion in AI spending spree