New York, June 10 -- Morgan Stanley sees global debt issuance for AI companies to top $500 billion in 2026 on the back of massive capex plans of top hyperscalers like Amazon, Google and Meta.

The investment bank forecasts global debt issuance could double to $570 billion as AI companies tap alternative sources for funding for their growth plans, according to a Reuters report.

A number of big-bang funding plans have been announced recently for the AI buildout. Google parent Alphabet recently announced an $85 billion fundraising for its expansion of AI capabilities, including data centres and compute facilities. It also issued a rare 100-year bond in February for its AI funding requirement.

The global debt issuance related to AI has alre...