Bring more popcorn 🍿
#ai
'Banks are now trying to offload the AI data center debt they just underwrote
JPMorgan and MUFG are part of the group that has spent more than six months trying to distribute $38 billion in construction debt tied to a Texas and Wisconsin data center project leased to Oracle.'
https://startupfortune.com/banks-are-now-trying-to-offload-the-ai-data-center-debt-they-just-underwrote/
That's usual the beginning of the end of a bubble.
#debtdeflation