JPMorgan relaxes credit offer to AI investors
Compite para atraer empleados e inversores de las grandes empresas de IA que salen a Bolsa. Leer
JPMorgan has relaxed its policy on loans backed by stocks held by employees and investors of companies that have recently gone public, in an effort to attract clients from new tech giants. The bank typically doesn't accept stocks of companies that have gone public in the last 135 days as collateral, but made an exception for SpaceX, which debuted in June.
This change comes as Anthropic, creator of chatbot Claude, is expected to go public soon. Wealth managers, including Morgan Stanley, are vying to manage the fortunes of employees from AI companies, who can earn millions of dollars in stock. Anthropic was valued at $18 billion in 2024 and is expected to go public with a valuation of $2 trillion or more in October.
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