posted in Technology
Banks are now trying to offload the AI data center debt they just underwrote
startupfortune.com/banks-are-now-trying-to-offload-the-ai-data-center-debt-they-just-underwrote/Replying to @HaraldvonBlauzahn@feddit.org
$40B for banks are pennies. This website writes about $1.5T debt plan trough 2028 axis-intelligence.com/ai-data-center-financing-st…
That’s still not much compared to gross profit for 2025 of the 5 biggest players listed on US stock exchange
Google $240B
Amazon $360B
Microsoft $225B
Meta $164B
Nvidia $153B
Sums up to $1.1T
Oracle will get bailout or those investments will be acquired 100% if you think billionaires won’t protect themselves from basically owning this planet you’re stupid.
Axis IntelligenceAI Data Center Financing Statistics 2026: Bonds, Private Credit, and the $1.5 Trillion Gap - Axis IntelligenceCorporate bonds, private credit, and the $1.5T gap: Axis Intelligence Research's definitive data on how hyperscalers are funding the AI buildout in 2026. AI Data Center Financing Statistics 2026 Update.Replying to @vane@lemmy.world
All of the “here comes the bubble pop!” people are hoping for the worst, but how many of them graduated college in 2009? How many of them worked at a laundromat with a college degree? How many of them made $10 an hour part-time in a market where houses cost $250,000?
Recessions are bad. It’s bad now. Another recession is SCARY.
Replying to @BauerBender@lemmy.world
Last time when lots of people got very poor in europe and whole countries couldn’t pay their debt, world war happened. It was around 100 years ago and all I hope this fucking don’t happen again but well this world is fucked again because of those technology hitlers who don’t share money with people but only accumulate wealth.
Replying to @vane@lemmy.world
Wait, so NVIDIA is not top #1 by profit yet? And where’s apple?
Replying to @trolololol@lemmy.world
Apple gross profit $195B. Cloud is real cash cow because of enterprise. Cloud companies hope to double their earnings by with ai offering. That’s the business. So all those servers are being build for enterprise offering of not existent products that no consumer want but corporate will force them because they want total power over people and corporatocracy.