Episode 1879 • • 1:43:25 - 1:45:47
1879: Grace and Assurance
AI Companies Tapping Bond Markets Amid Cash Depletion
Major tech companies including Nvidia, Oracle, and Meta are increasingly turning to the bond market to fund a projected $750 billion AI infrastructure buildout. Goldman Sachs reports that free cash flow in the tech sector is at its lowest level since the dot-com era due to massive capital expenditures. This shift toward debt financing suggests that even the "giants" of tech are becoming more sensitive to interest rates and federal policy.