Deep Tide TechFlow news. On July 14, Goldman Sachs’ equity research team estimated that, during fiscal years 2025 to 2030, total AI capital expenditures across Microsoft, Amazon, Meta, Google, and Oracle—the five hyperscale cloud providers—will reach $5.8 trillion. Goldman Sachs noted that as funding volumes continue to grow, the US investment-grade bond market may face constraints stemming from issuer concentration and market capacity, and that in the future, multiple funding channels—including public bonds, loans, private capital, and project finance—will need to work together to provide funding. (China Securities Journal)