AI-linked debt surges 361% as Wall Street starts to question Big Tech's spending
AI-linked companies have issued $466 billion in debt so far in 2026, up from $101 billion in the same period last year, a 361% increase. Weekly trading volume in credit default swaps tied to seven major tech companies topped $9 billion in September, versus less than $2 billion in July. S&P Global Ratings estimates Alphabet, Amazon, Meta, Microsoft, Oracle and SpaceX will spend about $870 billion in capital investment in 2026, compared with around $470 billion in 2025.
In 40 seconds
- Debt issuance by AI-linked companies reaches $466 billion in 2026, 361% more than a year earlier
- Weekly CDS trading in seven major tech companies rose from under $2 billion in July to more than $9 billion in September
- Oracle's CDS reportedly reached 322 basis points on Monday, versus 144 at the start of the year
IASummary generated by artificial intelligence from a story by OkDiario. It may contain errors: the original source prevails.




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