Cracks are emerging in the AI spending boom

Big Tech is pouring billions into AI infrastructure, but mounting debt, negative cash flow, and growing investor skepticism are raising questions about the sustainability of the AI spending boom. ​Big Tech is pouring billions into AI infrastructure, but mounting debt, negative cash flow, and growing investor skepticism are raising questions about the sustainability of the … Read more

Anthropic expected to receive high ‘junk’ rating from credit agencies following IPO, report says

Blackstone’s forecast is just a prediction, but naturally, a high junk rating would make it more difficult and costlier for Anthropic to raise the money to keep funding its massive spending that has undergirded its business. ​Blackstone’s forecast is just a prediction, but naturally, a high junk rating would make it more difficult and costlier … Read more