PremiumFor a few days in early May, the AI bubble appeared on the verge of collapsing.In an article that few noticed (we wrote extensively about its implications here), the FT reported that banks were "hunting for new ways to offload risks tied to a glut of data centre debt as the race to build AI infrastructure stretches financing limits among the largest global lenders."
"Carnage" In The Hyperscaler Bond Market: Did Goldman Just Pop The AI Debt Bubble
"It is hard to remember a larger disparity between price and sentiment within IG credit.... the messaging from credit investors is increasingly clear that it will be very difficult to fund another $360bn in the next 12mo in the same manner." - Goldman
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