this post was submitted on 14 Oct 2026
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429
Banks are now trying to offload the AI data center debt they just underwrote (startupfortune.com)
submitted 15 hours ago by HaraldvonBlauzahn@feddit.org to c/technology@lemmy.world
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[–] logi@lemmy.world 31 points 11 hours ago (2 children)

That is on top of the $18 billion in bonds it sold in a single day last September

That's $6.57 trillion in annualized debt using AI bubble math.

[–] kreskin@lemmy.world 3 points 4 hours ago

I dont know that we can collectively understand a number that big and what it means to us. People barely comprehend what a billion is.

[–] Atropos@lemmy.world 13 points 10 hours ago (1 children)

The year my paycheck lands on Jan 1, my personal financial projections are gonna look SO AMAZING

[–] crank0271@lemmy.world 6 points 9 hours ago

Clearly you aren't a megacorp. Just set your fiscal year to begin on the day of your paycheck. Checkmate, YNAB.