Update
JPMorgan Warns of Rising Costs for AI-Linked Companies
JPMorgan has warned that companies must now demonstrate their ability to finance investment, service debt, and generate cash flow to secure funding, as the cost of insuring against defaults on the debt of several AI-linked firms has hit record levels. This reflects growing unease in credit markets over the financial viability of AI-related firms, including Nvidia and Oracle, which have experienced significant declines in value since the debut of ChatGPT in late 2022.