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

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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.

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