Global Financial Leaders Call for Major Tech Funding to Fuel AI Expansion

Tech companies across the world must launch large fundraising deals to keep up with the massive need for money driven by the artificial intelligence boom, top global financial leaders said in Hong Kong on Tuesday.

Market Pressures

Global tech shares have faced recent selling pressure as worries over high AI spending trigger market drops. Combined tech spending is expected to pass $730 billion this year, rising from about $700 billion previously. Most major tech firms will need to raise more money to match the huge demand for AI growth, according to Blackstone President Jon Gray. Speaking at the Hong Kong Monetary Authority's Global Financial Leaders' Investment Summit, Gray noted that demand for computing power is much higher than supply. He pointed to capital-raising moves by Meta, Google, and Oracle, alongside plans for SpaceX and Anthropic to go public, while noting that data centers and energy needs remain huge.

Risks And Debt Deals

Strong companies with good stories can still raise funds despite market ups and downs, said Goldman Sachs Chief Executive David Solomon, though he warned that the sector's rapid growth could bring volatility and that investors will sometimes lose money. Morgan Stanley Chief Executive Ted Pick pointed out early signs that United States markets are moving close to a market correction, with most stocks in major indexes down nearly 10 percent. To test investor demand, Google parent company Alphabet sold €6 billion, equal to $6.7 billion, in bonds on Monday. Meanwhile, fundraising by Asia-Pacific tech firms more than tripled to $125.8 billion in the first three quarters of 2026, up from $36 billion the year before, pushed by semiconductor and AI deals like Chinese chipmaker CXMT's $9.8-billion initial public offering and Enflame Technology's $910.6-million listing. Alphabet, Amazon, Microsoft, and Meta have all indicated that their AI spending will not slow down. In a major debt deal for the AI buildout, Blackstone agreed last week to provide $63 billion in financing alongside Bank of America, Citi, and Morgan Stanley to buy Broadcom AI chips and networking gear for Anthropic. PIMCO CEO Emanuel Roman added that AI financing deals look attractive and his firm expects more such opportunities.

Context

Artificial intelligence relies heavily on massive computing power, specialized computer chips, and immense amounts of electricity to run large data centers. Because building and running this infrastructure costs billions of dollars, major technology corporations routinely turn to global debt and equity markets to secure the necessary capital.