Flood of AI Bonds Adds to Pressure on Markets

Wall Street is straining to absorb

a flood of new bonds from tech companies funding their artificial intelligence investments, adding to the recent pressure in markets. 

Since the start of September, so-called AI hyperscalers Amazon

AMZN

2.53%

increase; green up pointing triangle.com, Alphabet GOOGL 6.31%increase; green up pointing triangle, Meta Platforms META 3.16%increase; green up pointing triangle and Oracle ORCL 0.76%increase; green up pointing triangle have issued nearly $90 billion of investment-grade bonds, according to Dealogic, more than they had sold over the previous 40 months.