AI’s future funded by loans, hope, and some very creative accounting. Mega tech firms drown in debt, AI data center costs explode to 2.9 trillion by 2028, Meta scrambles for 29 billion lifeline.
Morgan Stanley just slammed a price tag on AI’s future. $2.9 trillion in data center spending by 2028. Only $1.4 trillion of that comes from actual cash flow. That leaves a massive $1.5 trillion debt crater. Not a simple gap. A full-blown crisis. “By 2028, global data center construction will …