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Raoul Pal says AI capex by hyperscalers has no ceiling and tech debt fears are overblown
Raoul Pal stated that AI capital expenditures by hyperscale cloud providers have no upper limit. He also argued that concerns about high debt levels among large technology companies are exaggerated. Pal noted that bond sales are expected to increase sharply in 2026. The commentary was published on BeInCrypto.