Avertisment Moody’s: Investițiile masive în AI cresc datoriile giganților IT

Moody's Ratings warns that unprecedented investments in AI infrastructure are straining cash flows and increasing financial risks for major tech companies. The report highlights a shift from traditional software models to capital-intensive operations, necessitating significant borrowing and financing. Moody's projects capital expenditures will reach approximately $785 billion by 2026, with total obligations from leasing contracts exceeding $1.2 trillion. While major firms like Microsoft and Amazon maintain strong balance sheets, companies like Oracle and CoreWeave face greater financial risks. The report also notes a 'circular ecosystem' in AI, where tech giants fund AI developers who, in turn, purchase services from them, raising systemic risks.