Tech Giants on Track to Rival US Government as Debt Issuers in 2027, Sunak Warns

Technology companies are poised to become net issuers of long-term debt at a scale comparable to the U.S. government by 2027, driven by unprecedented capital demands for artificial intelligence infrastructure, according to Rishi Sunak, former UK Prime Minister and now senior adviser to Goldman Sachs. Speaking at Bloomberg's New Economy Forum on October 13, Sunak highlighted how rising debt from AI investment and geopolitical tensions is straining government finances globally, with implications for economic resilience. He pointed to the 61 active state-based armed conflicts worldwide and warned that nations with debt exceeding 100 percent of GDP may lack resources to respond to future shocks.