AI FUNDING COULD HIT 15% OF ALL CREDIT DEALS

Anish Shah, Morgan Stanley's global head of debt capital markets, outlined the projections at the Bloomberg Global Credit Forum on June 3. Tech companies and hyperscalers are increasingly turning to debt markets to finance massive AI infrastructure investments, creating new funding pathways beyond traditional venture capital. The forecast reflects the capital-intensive nature of AI development, particularly as companies build out data centers and computing infrastructure. Hyperscalers are diversifying their funding sources to support accelerating AI capex needs. Shah's comments came during a panel discussion that included representatives from Wells Fargo, Invesco, and DoubleLine, underscoring broad industry recognition of AI's impact on credit markets. The $570 billion projection for 2026 represents a fundamental shift in how technology infrastructure gets financed.