Sources: JPMorgan and Goldman, leading a $5B loan sale with a yield of ~11% for AI startup Volta, took a rare move to limit exposure by underwriting just $1.3B (Claire Ruckin/Bloomberg)
JPMorgan Chase & Co. and Goldman Sachs Group Inc. have taken a rare move to limit their exposure on a $5 billion loan sale …
JPMorgan Chase & Co. and Goldman Sachs Group Inc. are leading a $5 billion loan sale for the AI startup Volta, which carries a yield of approximately 11%. According to Bloomberg, the two banks took the rare step of underwriting only $1.3 billion of the sale to limit their exposure.
Separately, the October 2026 Evident AI Index, which measures global AI maturity, ranked JPMorgan Chase as the number one bank. The Indian Express reports that the bank has held the top position since the index's inception and is the only institution to maintain the top score across all four index pillars.
Brief written by urgent.news from Techmeme, The Indian Express — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- JPMorgan clinches top spot again: See 10 banks leading AI race in 2026 indianexpress.com
