CoinDesk says financial strain at AI companies could weigh on crypto including Bitcoin, as credit default swap trading surges on default worries. JPMorgan Private Bank's Justin Bimonte says rising CDS prices are not necessarily a crisis signal but are a warning sign for risk.
The story so far: Big tech AI debt disclosure concerns
S&P Global warned that actual and contingent debt tied to AI infrastructure at Amazon, Microsoft, Alphabet, Oracle, Meta and SpaceX may exceed public disclosures. Morgan Stanley now counts $4.11tn in off-balance-sheet AI commitments, up almost $992bn since late August.
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CoinDesk says AI firms' debt strains could spill into crypto
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