[AI Capital Expenditure Heading Toward $3 Trillion, Bond Market to Become Major Financier] According to a report by Jinse Finance, Gokul Hariharan's long-term estimates indicate that current trends point to Hyperscaler capital expenditure reaching approximately $1.4 trillion by 2027 and rising to about $3 trillion by 2030, with no significant slowdown in data center capital expenditure expected this decade. More crucially, the financing structure: the total funds required for related construction over the next few years amount to approximately $5.5 trillion, of which the investment-grade bond market will need to shoulder about $2.1 trillion, making it the largest single source of external funding. (Jin10)