The Unsustainable AI-Driven Lending Boom

Tags: Booms and Busts, Money and Banks, U.S. Economy

06/21/2024 Douglas French

The endless bubble economy has a new lending craze: loans backed by AI chips. The problem is that while the chips serve as collateral, companies right now cannot make enough revenue to cover their costs.

Original Article: The Unsustainable AI-Driven Lending Boom

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