this post was submitted on 14 Oct 2026

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775

Banks are now trying to offload the AI data center debt they just underwrote (startupfortune.com)

submitted 2 days ago by HaraldvonBlauzahn@feddit.org to c/technology@lemmy.world

254 comments fedilink hide all child comments

(page 4) 50 comments

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[–] kreskin@lemmy.world 8 points 2 days ago

If theres one thing the US stock market has, its plenty of clueless bagholders with more money than common sense.

[–] stevles@aussie.zone 21 points 2 days ago* (last edited 2 days ago)

Time to enjoy the bubble burst

[–] inclementimmigrant@lemmy.world 15 points 2 days ago (1 children)

Sub prime mortgages on crack with this BS.

[–] jumping_redditor@sh.itjust.works 8 points 2 days ago (3 children)

hopefully the fed doesn't bail em out this time

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[–] Prior_Industry@lemmy.world 7 points 2 days ago

Like when they underwrote the twitter purchase debt....

[–] RememberTheApollo_@lemmy.world 11 points 2 days ago

Wait until they bundle the debt.

[–] ssfckdt@lemmy.blahaj.zone 1 points 1 day ago

Pin incoming....

[–] Tollana1234567@lemmy.today 7 points 2 days ago (1 children)

they shouldve known like 1-2 years ago.

[–] ExLisper@lemmy.curiana.net 4 points 2 days ago

They made money during those 1-2 years.

[–] Gerudo@lemmy.zip 16 points 2 days ago (6 children)

Please oh please let's get this going already

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[–] NathanRanch@lemmy.zip 11 points 2 days ago (4 children)

Oracle might be the first. Watch it closely

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[–] jaykrown@lemmy.world 8 points 2 days ago (4 children)

Yep that's the biggest sign that the bubble is popping I've seen after the OpenAI revenue news, and the CoreWeave bonds.

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[–] heartSagan5@lemmy.zip 9 points 2 days ago (1 children)

And unlike student loans, they can discharge in bankruptcy. Fucking disgusting.

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[–] SinningStromgald@lemmy.world 9 points 2 days ago (1 children)

Can't wait for the austerity measures Congress will say are necessary to bailout banks and ~~"AI"~~ "SI" companies. Because regardless of which party wins in November they will get bailed out and everyone else will get bent over.

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