AI data center financing reportedly gets tougher as borrowing costs rise

The Information reports that AI-related borrowers have sold around $55 billion in high-yield bonds in 2026, but investors are becoming choosier about which data center projects they will finance. Borrowing costs are rising as developers need more capital to keep building. The Information cites CleanSpark, which is developing a data center for Meta Platforms, as an example of a borrower that had to offer investors big concessions to secure financing.