Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others

Moody's warns that 'unprecedented' artificial intelligence spending is straining the credit quality of Amazon, Meta, Alphabet and other major corporations, forcing even cash-rich firms to rely on debt, stock sales and off-balance-sheet financing, according to a CNBC report citing the credit ratings agency.

Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others Source: CNBC Technology https://www.cnbc.com/technology/ Moody's said AI spending is forcing even the world's most cash-rich corporations to lean heavily on debt, stock sales and off-balance-sheet moves. Get AI news in your inbox Daily digest of what matters in AI.