The technological revolutions that transform the economy have a long history of attracting more investment than what near-term returns justify.

Bank for International Settlements says AI funding is funnelled through loosely regulated private credit channels, raising stability fears.

The BIS warns AI infrastructure spending by hyperscalers could lead to a bust, flagging $100 billion in bond issuance and hidden shadow borrowing risks.

The Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues of overinvestment and high valuations.…