Meta's credit risk indicators have hit a record high, with the market worried about tech giants issuing large amounts of debt for AI expansion

Meta Platforms' five-year credit default swap (CDS) quote has risen to its highest level since its listing, reaching about 119.3 basis points per year. The company has committed to spending $825 billion in the future, primarily on artificial intelligence computing power and infrastructure, raising concerns in the market about tech giants issuing large amounts of debt for AI expansion.