← Back to live feed1 story
Borrowed capital has become the primary engine for the rapid expansion of artificial intelligence facilities across the United States, with developers raising at least $1.3T in debt, which a Columbia University economist warns could trigger investor wipeouts if asset values drop by 10%.
Sign in to suggest edits
Key sources
- SOURCE@wsj“The AI build-out is on track to become the biggest economic bet in U.S. history”x.com
- SUPPORT@marionawfal“Data center developers have already raised at least $1.3 trillion in debt”x.com
- SUPPORT@bobeunlimited“the need for 3tln+ revenue by 2030 to pay for all the planned capex”x.com
- SUPPORT@edzitron“AI is expected to account for 3.63% of GDP over the coming six years”x.com
- SUPPORT@kimmonismus“Data-center spending is greater than that for the canals, railroads and grid combined”x.com
- SUPPORT@globalmktobserv“consuming scarce labor and electricity, increasing costs for other businesses and crowding out other investment”x.com
- SOURCEhuggingnewshuggingnews.com