Shay Boloor: Elon Musk says debt markets nearly shut for AI-only neoclouds

Left-leaning 2

Only this side used: marketsdebtshutartificial-intelligence

• Guardian Business left

  Rolling coverage of the latest economic and financial news Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The flow of funding which has helped the AI industry to grow rapidly could be running dry, at least for some firms in the cloud computing world, Elon Musk has warned. As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have substantial revenue independent of AI data cent
  
• NYT Business left

  Elon Musk sees many artificial-intelligence infrastructure companies being shut out of the debt market, a warning that could weigh on markets.
  

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