📈 AI Financing Reaches Record Scale “I've never seen anything like it in terms of the size of the fi

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📈 AI Financing Reaches Record Scale

“I've never seen anything like it in terms of the size of the financing that's coming in both debt markets, equity markets. The cost of debt has actually equilibrated in many ways to the cost of equity for some of these companies. I've heard people compare this to the internet bubble. These companies are throwing off real revenue, real cash flow.”

Rick Rieder, BlackRock.

AI borrowing has pushed U.S. high-grade bond sales to an annual record. Meta, SpaceX, and Broadcom have all raised debt in the past few days. When debt costs as much as equity, the biggest borrowers start selling stock.

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