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HaraldvonBlauzahn@feddit.org to Technology@lemmy.worldEnglish · 2 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 · 2 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.
  • PNW_Doug@lemmy.world
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    2 days ago

    Buckle up kids. It’s gonna be a fun ride.

    • Kjell@lemmy.world
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      1 day ago

      Another once in a lifetime event.

      • AdolfSchmitler@lemmy.world
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        23 hours ago

        • CheeseNoodle@lemmy.world
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          20 hours ago

          GenZ Literally never having seen a functioning economy (at least while being old enough to meaningfully comprehend its existence) I imagine Generation Alpha is gonna have it even more fucked.

    • aim4harmony@lemmy.world
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      2 days ago

      2008 calling? 📞 ✨

      • lorty@lemmy.ml
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        23 hours ago

        2008 USA had the financial means to avoid the worst. This isn’t the case anymore.

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        Don’t worry, the people responsible in 2008 were held accountable. They also didn’t profit massively off the economic collapse. Frodo also got the ring to Mordor. He had some help, but the ring was ultimately destroyed.

        • edible_funk@lemmy.world
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          20 hours ago

          One brown man faced legal consequences for the 2008 crash. One brown man.

        • trolololol@lemmy.world
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          Who was held responsible? That was a big joke.

          • danc4498@lemmy.world
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            1 day ago

            Sauron

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