AI Debt Pushes Top US Tech Firms' Borrowing to $578 Billion
A research report from SBI Research says the combined debt of the seven largest US tech companies, known as the Magnificent Seven, has risen about 45 percent to $578 billion by mid-2026. The growth is tied to the rapid expansion of AI infrastructure. The report raises concerns about the financial risks this brings.
Quick glossarySBI Research, Magnificent Seven, AI infrastructure
- SBI Research
- The research arm of State Bank of India, the country's largest public sector bank, which publishes economic and financial analysis.
- Magnificent Seven
- A nickname for seven of the biggest US technology companies, which have a huge influence on stock markets.
- AI infrastructure
- The data centres, computer chips and power systems needed to build and run AI software at scale.
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