Meta首次发行欧元债券，加入其他超大规模云服务商的行列，向欧洲贷款机构融资，以期为数万亿美元的人工智能投资提供资金，尽管市场对过度支出的担忧日益加剧。随着投资者在利率上升之际对科技公司不断膨胀的债务规模感到担忧，科技股已经走低。而它们的负债可能比投资者意识到的更大：日经开展的研究显示，大型科技公司因人工智能相关义务而产生的表外债务在六个月内翻了一番，达到约3.2万亿美元，相当于其合计资产的约80%。
Meta launched its debut euro bond, joining other hyperscalers in tapping European lenders as they look to finance trillions in AI investment, despite the market growing increasingly worried about overspend. Tech stocks have sagged as investors grow concerned over their ballooning debt piles at a time of rising interest rates. And their liabilities may be bigger than investors realize: Research carried out by Nikkei showed Big Tech’s off-balance-sheet debt from AI-related obligations doubled in six months to about $3.2 trillion, equivalent to around 80% of their combined assets.
分析师指出，尽管科技公司的盈利依然强劲，但其许多潜在客户正举步维艰，借贷疲软且非人工智能投资下降——这对未来而言可能是一个令人担忧的信号。
In a potentially troublesome sign for the future, analysts have noted that while tech earnings remain strong, many of their potential clients are struggling, with borrowing weak and non-AI investment falling.