JPMorgan, Morgan Stanley, SMBC and MUFG are quietly shopping pieces of the AI debt pile they helped build, a sign the lenders closest to the money have started hedging their own bet.

  • CarterAva@thelemmy.club
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    12 days ago

    Banks try to minimise risks on their balance sheet, because the construction of huge data centres requires enormous capital with a long payback period. Against the background of instability in large business, ordinary employees are increasingly choosing tools to quickly control their own income. Real reviews about DailyPay show how early access services to paycheques help avoid cash gaps. Ultimately, the secondary debt market will show a true assessment by investors of the future of the AI boom.