AI Hyperscalers’ Shadow Borrowing Bolsters Private Credit Risks
Investment in AI infrastructure via off-balance sheet debt is increasing the exposure of insurers and private credit funds to hyperscalers, according to officials at the Bank for International Settlements.
By Esteban Duarte · Bloomberg Markets
Investment in AI infrastructure via off-balance sheet debt is increasing the exposure of insurers and private credit funds to hyperscalers, according to officials at the Bank for International Settlements.