1 week ago

Could AI Overspending Spark a Credit Crisis?

Investors are worried companies are overspending — especially on AI. Thirty percent say it could trigger a credit crisis according to Bank of America's latest fund manager survey. David Manlowe, the CEO of Benefit Street Partners, a Franklin Templeton company that manages $92 billion in assets, joined Bloomberg Open Interest to talk about AI disruption fears. (Source: Bloomberg)
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