• Hyperscalers' growing reliance on bond markets to fund AI spending is drawing greater credit investor scrutiny, according to Amy Xie Patrick.
• Negative free cash flow raises concerns over demand, delivery and funding, with debt-servicing capacity central to credit assessments.
• Risks vary across hyperscalers, data centers and neoclouds, making active credit selection increasingly important as AI-related debt issuance grows.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pendal Group Limited published the original content used to generate this news brief on November 13, 2026, and is solely responsible for the information contained therein.