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Cheap funding dries up as AI firms face tougher terms, Dan Ivascyn says

NewsFeeds update

AI companies that raised billions with little scrutiny now face pickier lenders and harsher terms, with Blackstone warning Anthropic could get a junk rating after listing and OpenAI reportedly cutting a funding target to about $20bn from $30bn. Pimco's Dan Ivascyn says the bar for proving investments generate enough revenue is rising.

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Read the original on ChainCatcher

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.