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AI & Enterprise

Moody\'s says unprecedented AI spending threatens credit quality of Amazon, Meta, Alphabet and others

Moody\'s warned that a race among big tech companies to invest in AI infrastructure is worsening free cash flow and increasing balance-sheet strain, threatening credit quality. It said six hyperscalers including Microsoft, Amazon, Alphabet, Meta, Oracle and CoreWeave are under pressure from unprecedented AI spending. Moody\'s forecast capital spending of $785 billion in 2026, rising to about $1 trillion in 2027, and said funding is shifting toward more borrowing and other financing.

AI & Enterprise

MSIT says K-AI models spread to vehicle manufacturing, office, SMEs and public cities

South Korea\'s Ministry of Science and ICT on Sunday released the 10th instalment of its \"K-AI model on-site expansion\" series, introducing industrial use cases of domestic AI models. The ministry included examples from SK Telecom, LG AI Research, NC AI and Upstage. SK Telecom plans on-site trials at an auto parts maker. LG AI Research and Hancom will expand cooperation in AI office services. NC AI will support AI adoption by small firms. Okeystro will build public-sector generative AI services and join an AI pilot city project.