Bond Traders Agonize Over AI Companies’ $70 Billion of Shadow Credit Backstops
Even before Nvidia Corp.’s splashy $500 billion financing partnership this week, investors were starting to fret over the roughly $70 billion in phantom liabilities that don’t appear on major AI companies’ balance sheets, but could materialize at the worst possible time.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.