The AI boom needs funding. In this episode of Euro Matters, Paul Gordon speaks with Imène Rahmouni-Rousseau, head of ECB Market Operations, about how big tech is financing the boom, why these firms are borrowing in the euro area bond market and what increasingly interconnected financial markets could mean for Europeans. Further reading: Big tech, big debt: when US tech giants tap the euro area bond market https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20260831~dac6a37e73.en.html AI adoption and the productivity promise: what workers report https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20260826~e1c1a89999.en.html The AI boom: rational enthusiasm or the next dot-com bubble? https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20260817~754a8a4418.en.html European Central Bank https://www.ecb.europa.eu/home/html/index.en.html ECB Instagram https://www.instagram.com/europeancentralbank