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.