Big Banks Seen Keeping Up Torrid Borrowing Pace to Fund AI Boom

Published on October 8, 2026

Wall Street’s biggest banks are set to extend a months-long borrowing binge and issue more bonds than usual in the fourth quarter, raising funds to meet the insatiable financing needs fueling the artificial intelligence boom.

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The AI Giants Are Facing a Severe Case of Financial Indigestion

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Amid heated discussion of the astonishing (and also rather worrying) capabilities of artificial intelligence, investors are realizing that the underlying computing and energy infrastructure relied upon by OpenAI, Anthropic PBC and their ilk is much harder to construct than a chatbot prompt.

Hightower Signature Wealth Folds in $1B Michigan RIA

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