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AI data-center debt mounts as CoreWeave owes $35.6B

BBC reports that neocloud firms powering AI are borrowing heavily to build data centers and buy Nvidia GPUs, worrying investors. CoreWeave's total debt reached $35.6 billion as of June 2026, several major operators' shares fell about a quarter in a month, and Gartner expects over 80% of neoclouds to lose independence by 2030.