Global Capital Markets Raise Record $4.7 Trillion This Year on AI Boom
Companies have raised a record $4.7 trillion in equity, corporate debt, and bank loans so far this year, marking the third consecutive annual increase. The surge is driven by technology firms funding AI spending and record debt issuance for AI infrastructure.
Global capital markets are at unprecedented levels, with companies raising a record $4.7 trillion in equity, corporate debt, and bank loans so far this year. This marks the third consecutive annual increase for this point in the year, and total capital raised is roughly $500 billion above the post-pandemic financing boom of 2021.
The surge is primarily driven by technology companies seeking to fund AI spending, alongside record debt issuance to finance AI infrastructure. Investment-grade private credit issuance, though not included in these figures, is playing an increasingly important role in financing data centers, semiconductors, and power plants supporting the AI buildout.
Investors are pouring money into AI at an unprecedented pace, fueling this record capital raising activity.
Source: The Kobeissi Letter