As default insurance on several AI-linked firms hits record costs, companies must show they can finance investment, service the debt and eventually mint cash, JPMorgan says. JPMorgan said the AI label no longer guarantees financing, as lenders increasingly demand evidence that companies can fund investments, service debt and generate cash flow. Credit-default-swap trading tied to major AI companies surged in September, while the cost of insuring some debt-dependent firms reached levels signalin…
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