On November 24, reports surfaced indicating that leading US tech firms, in the midst of a fierce competition to construct AI data centers, are vigorously amassing capital via the bond market. This move marks a notable departure for Silicon Valley entities, which traditionally lean on cash investments. Data from public records reveals that since September, the cumulative value of public bond offerings by four prominent cloud computing and AI platform providers (dubbed 'hyperscalers') has neared the $90 billion mark. Breaking it down, Alphabet, Google's parent entity, floated $25 billion in bonds, Meta launched $30 billion worth, Oracle $18 billion, and Amazon $15 billion. Lately, Microsoft stands as the sole exception, having not ventured into the bond market. Investors have expressed that, for the time being, they are unperturbed by the immediate repercussions of this funding strategy on stock valuations, given that these companies' debt-to-equity ratios are still comparatively modest in relation to their scale. Nevertheless, the uptick in public bond issuances has sparked inquiries into the market's capacity to digest this influx and intensified worries regarding the financial outlays associated with AI.