PANews said Grant Cardone stated that tech giants issued approximately AI in financing 66000000000 USD of high-yield bonds
PANews, citing investor Grant Cardone, reported that companies such as Meta, Google, and Amazon issued high-yield bonds to fund AI investment, totaling approximately 66000000000 USD, with a maximum coupon of 9.75%. He believes that if AI execution falls short of expectations, the yields on the relevant bonds may decline.