Who will pay for the AI revolution? Retirees

WALL STREET JOURNAL

Morgan Stanley analysts in July estimated that of the roughly $3 trillion that is expected in global data-center capital expenditures through 2028, only about half of that could be funded by projected cash flows. That would leave a roughly $1.5 trillion financing gap.

To meet such a tremendous need, the companies will need to turn to the biggest funding markets. And when it comes to corporate borrowing, those include the mainstream, high-grade bond market.

Issuance in the investment-grade corporate bond market represented around two-thirds of the more than $2 trillion sold this year through October across the U.S. corporate bond and asset-backed securities markets, according to figures compiled by Sifma.

Read more | WALL STREET JOURNAL

---