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AI Debt Surge Pushes Magnificent Seven Borrowing to $578 Billion, Up 45%: SBI Research
According to SBI Research, borrowing by the Magnificent Seven has surged by 45% to reach $578 billion, driven by increasing artificial intelligence investments.
Data from SBI Research reveals that borrowing by the Magnificent Seven has risen to $578 billion, marking a significant 45% increase. This financial surge is being driven by heavy investments and development in artificial intelligence infrastructure and technologies. The substantial rise in debt highlights the immense capital requirements needed by major technology firms to fund their expanding AI initiatives.
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