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AI Boom Fuels Record Tech Funding | Raleigh News
U.S. tech companies smashed records this quarter, raising $252 billion—up from $234 billion last year—with AI firms driving nearly 40% of the surge. Behind the boom: hyperscalers planning $725 billion in capex by 2026, almost equaling their operating cash flow. To fund it, they’re turning to debt more than equity, with credit strategists forecasting over a third of 2027’s spending will come from global bond sales. Still, equity plays a vital role, especially when markets are strong. But strain is mounting—Alphabet hit negative free cash flow for the first time since going public and paused…
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