AI Companies' Spending Seen as Most Likely Source of Systemic Credit Crisis
Dow Jones
Yesterday
1022 GMT - Capital expenditure by large cloud computing providers, also known as AI hyperscalers, is seen as the most likely source of a widespread credit crisis, the Bank of America global fund manager survey for September shows. A total of 42% of fund managers ranked AI hyperscalers' spending as most likely source of a credit event. Government debt is ranked as the second most likely source of a global credit event, according to 25% of respondents.
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