Moody's flags AI‑fuelled capex as new credit‑risk for Amazon, Meta, Alphabet
Moody's note says AI infrastructure spending pushes even cash‑rich firms to load up on debt, equity sales, and $1.2 trillion of off‑balance‑sheet leases, threatening credit quality for six hyperscalers, though top‑rated firms still likely remain investment‑grade. This could reshape financing dynamics for tech.