[S&P Global Warns: Tech Giants' AI Infrastructure-Related Debt May Exceed Publicly Disclosed Levels] BlockBeats News, October 21 — S&P Global warned on Monday that the actual debt and contingent liabilities related to AI infrastructure for six major tech companies—Amazon, Microsoft, Alphabet, Oracle, Meta, and SpaceX—may exceed the levels reflected in publicly available data. S&P estimates that these six companies will spend over $7 trillion in capital expenditures on data centers and other AI projects between 2025 and 2030, and will maintain negative free cash flow at least until next year. While the rating agency has not broadly downgraded credit ratings as a result, it believes the biggest risk lies in the possibility that expected profits may not materialize after the massive investments are completed. [Original Link]