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myrmidexA to Fuck AI@lemmy.worldEnglish · 8 days ago

Banks are now trying to offload the AI data center debt they just underwrote

startupfortune.com

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Banks are now trying to offload the AI data center debt they just underwrote

startupfortune.com

myrmidexA to Fuck AI@lemmy.worldEnglish · 8 days ago
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Banks are now trying to offload the AI data center debt they just underwrote - Startup Fortune
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Banks including JPMorgan and MUFG are shopping AI data center debt tied to Oracle as credit default swaps spike and bond order books thin out.
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“We did it, Patrick! We made a technological breakthrough!”

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

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