AI正凶猛“加杠杆”

华尔街见闻
3 hours ago

为满足AI算力需求,科技巨头正通过大规模发债融资,今年9-10月美国AI相关投资级债券发行达750亿美元,是过去十年年均水平的两倍多。与此同时,融资渠道已从投资级债券扩展至高收益债、私募信贷及资产支持证券等复杂金融工具,这种快速加杠杆的模式正引发市场对潜在金融风险的警惕。人工智能革命的宏大叙事正建立在日益堆积的债务之上。为满足AI惊人的算力需求,数据中心的建设热潮正通过规模空前的债务融资来驱动,其...

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