Subject: Re: Borrowing for AI
Silicon Valley’s biggest players are flush with cash and were able to fund much of the initial AI build-out from their own coffers. As the dollar figures climb ever higher, they are turning to debt and private equity—spreading the risks and potential rewards more broadly across the economy....

My initial reaction is that they'll start holding IPOs to spread the risks even further while using some of the proceeds to pay down their own debt. IPOs essentially become GoFundMes for the companies.