[Close Up Image Of A Stock Market Graph] solarseven/iStock via Getty Images The Bank for International Settlements is warning that the artificial intelligence-driven equity rally is exhibiting growing vulnerabilities as investors increasingly question the future profitability and rising leverage of major tech firms. Aggregate borrowing by tech firms skyrocketed from around $22B in 2010 to over $1T by 2025, according to a BIS Quarterly Review report published Monday. Tech borrowing now accounts for 44% of total private credit, the BIS said. The borrowing boom accelerated sharply after 2020, driven by a structural shift in economic activity toward software and AI firms. Hyperscalers like Amazon (AMZN [https://seekingalpha.
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