https://www.wsj.com/tech/ai/debt-is-fueling-the-next-wave-of-the-ai-boom-278d0e04

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https://www.wsj.com/tech/ai/
debt-is-fueling-the-next-wave-of-the-ai-boom-278d0e04

 1. Technology
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 2. Artificial Intelligence
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 3. Heard on the Street

Debt Is Fueling the Next Wave of the AI Boom

For aspiring AI players like Oracle, much rides on debt and hope

By

Asa Fitch

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(2 min)

WSJ's Amrith Ramkumar reported from an AI summit in July, where
President Trump signed executive orders to boost the AI industry in
the U.S. Photo: Julia Demaree Nikhinson/Associated Press

In the initial years of the AI boom, comparisons to the dot-com
bubble didn't make much sense. Three years in, growing levels of debt
are making them ring a little truer.

Early on, wealthy tech companies were opening their wallets to
out-joust each other for leadership in artificial intelligence. They
were spending cash generated largely from advertising and
cloud-computing businesses. There was no debt-fueled splurge on
computing and networking infrastructure like the one that inflated
the bubble 21/2 decades ago.

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