Banks are now trying to offload the AI data center debt they just underwrote
https://startupfortune.com/banks-are-now-trying-to-offload-the-ai-data-center-debt-they-just-underwrote/Open linkView original on belgae.socialSyndicated from the fediverse. Read and engage on the original instance.
View original on belgae.socialhttps://startupfortune.com/banks-are-now-trying-to-offload-the-ai-data-center-debt-they-just-underwrote/Open linkView original on belgae.social
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Ooh, I remember this one! The punchline is awful.
Does it rhyme with “do dig do dale”?
Too big to fai!!
That was their objective of throttling it down our throats.
This should be cross posted to /c/leopardsatemyface
No, they are the leopards. They always knew, they just didn't care because they won't suffer the consequences. They will be bailed out or find someone not systemically valuable to offload.
For the people who remember 2007-2008,
This is the "LLM housing bubble."