Morgan Stanley's prediction is quite bold: $570 billion AI debt. Cloud providers are all starting to borrow euros. The dollar pool isn't enough to attract funds anymore, right?

CoinWorld News reports that Morgan Stanley predicts that the global issuance of AI-related bonds will approach $570 billion in 2026. By the end of May this year, about $236 billion in AI-related debt financing has already been issued worldwide. As tech companies’ spending in the AI sector continues to grow, debt financing has become an important source of funding. To diversify their financing channels beyond the U.S. dollar market, hyperscale cloud service providers have issued bonds; Alphabet and Amazon issued euro-denominated bonds in the European market.