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From the Financial Times, 16 May/17 May 2026:

"Hyperscalers launch global borrowing spree to finance data centre expansion"

"Big Tech groups have embarked on a borrowing spree around the globe to fund the AI arms race as they seek to diversify their sources of funding beyond Wall Street to support runaway capital expenditure....

...The so-called hyperscalers, which are building huge data centres to develop sophisticated AI models, were now 'exploring all available [currency] options...".