AI investment, M&A poised to increase corporate financing needs next year
Big tech companies’ investments in artificial intelligence and busier M&A activity will raise the volume of debt issuance by investment-grade companies next year, bank executives said on Wednesday during a panel at the Reuters NEXT conference in New York.
The funding needs of the top five U.S. technology firms could reach almost $100 billion in 2026, Meghan Graper, global head of debt capital markets at Barclays, said. Big tech firms are turning aggressively to debt markets in their race to build AI-ready data centers, a shift for Silicon Valley firms that typically relied on cash to fund investments.
