Rolling coverage of the latest economic and financial newsAI companies are on track to borrow $570bn in 2026, according to estimates by the bank Morgan Stanley.Big tech companies are increasingly taking out more debt to fund their huge investment needs – and the US bank has found that AI-related debt issuance stood at almost $236bn as of the end of May. That is four times higher than the same point last year, according to a report by Reuters. Continue reading...