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HaraldvonBlauzahn@feddit.org to Technology@lemmy.worldEnglish · 3 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

HaraldvonBlauzahn@feddit.org to Technology@lemmy.worldEnglish · 3 days ago
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Banks are now trying to offload the AI data center debt they just underwrote - Startup Fortune
startupfortune.com
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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.
  • Bubbaonthebeach@lemmy.ca
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    3 days ago

    It’s about time for the ultra-wealthy to create another 2007 so they can wrench the last bits of wealth off anyone who isn’t already a $100Ms-billionaire.

    • Tollana1234567@lemmy.today
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      2 days ago

      they were mad because they dint get away with enough in 2008 and we still feeling the repercussions from that era.

    • RecursiveParadox@piefed.social
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      2 days ago

      That has been the plan since the oligarchs took off their masks.

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