Betting on boom – and bust


ACCORDING to a Bloomberg report, some of the biggest names in global credit investing are quietly positioning themselves for a very specific outcome in the artificial intelligence (AI) boom: not whether it succeeds, but what happens when the financing cycle eventually gets messy.

Firms such as DoubleLine Capital LP and Oaktree Capital Management are already buying debt that is designed to hold up even if today’s AI-fuelled credit expansion turns into tomorrow’s stress test.

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