Cloud providers’ bond issuance is doubling, and the money for AI infrastructure is finally being pulled out of the bond market. By 2026, near $6,000,000,000,000 in debt—this leverage play is even more aggressive than DeFi.

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CryptoWorld News reports that, according to Citrini Research, the debt issuance scale of ultra-large cloud service providers in 2027-2028 will exceed twice the current market expectations to support AI data center construction. In 2026, AI-related debt issuance is expected to approach $570 billion, with ultra-large cloud service providers' capital expenditures exceeding $600 billion, shifting from cash reserves to more reliance on bond market financing.
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