AI Industry Debt Binge Nearly Doubles to $346 Billion as Barclays Warns of Growing Market Nerves

Yahoo Finance's Brian Sozzi says tech debt is becoming a problem. The AI industry's debt binge has nearly doubled year over year, hitting $346 billion in capital raises.
Barclays warns that widening credit spreads and rising default-swap costs suggest the market is getting nervous.
OpenAI may need to raise up to $30 billion just to keep funding its compute and data center needs before any IPO.