Meta, Alphabet join credit-risk index as AI hedging demand soars

Wait 5 sec.

Hyperscalers are tapping global debt markets at a record pace to fund artificial intelligence infrastructure. That’s helped fuel a surge of interest in derivatives. The swaps tied to single companies didn’t exist for many high-grade technology heavyweights a year ago. But they’re now some of the most actively traded US derivatives contracts outside of the financial sector, according to Depository Trust & Clearing Corp.