An AI label alone no longer wins lenders, JPMorgan says
Summary
JPMorgan notes that simply slapping an artificial intelligence label on a company is no longer enough to attract lenders. Firms in this sector must now prove they can properly fund their investments, handle debt servicing, and ultimately generate solid cash flows as default insurance costs reach record highs.
As default insurance on several AI-linked firms hits record costs, companies must show they can finance investment, service the debt and eventually mint cash, JPMorgan says.
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