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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.
  • BestBouclettes@jlai.lu
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    3 days ago

    2008 will be a nice memory compared to what’s coming

    • Kangae_Hishiryo@scribe.disroot.org
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      2 days ago

      Yeah, this will be like 2008+dotcom×2

      • ContactClosure@lemmus.org
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        2 days ago

        I saw someone break down this bubble vs 08 and IIRC it’s something like 10x.

        • Kangae_Hishiryo@scribe.disroot.org
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          1 day ago

          You’re actually correct. These mfs gonna make us all fucking starve. Fuck billionaires.

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