Tech giants including Meta, Google, and Amazon have issued approximately $66 billion in high-yield bonds globally to sustain AI research and development spending. Coupon rates on these junk bonds have reached as high as 9.75% as companies compete aggressively to secure market dominance in artificial intelligence. Investor Grant Cardone warns that while tech firms view AI investment as essential for survival, bond yields could decline if execution falls short of expectations. The massive debt issuance reflects the intense capital requirements driving the current AI boom, with companies willing to pay premium borrowing costs to maintain their competitive edge.