BIS Warns AI Debt Bubble Could Spark Global Financial Crisis
The Bank for International Settlements has warned that artificial intelligence “exuberance” could have major financial consequences, as heavy reliance on debt financing in AI ventures raises the risk of cascading defaults if investor optimism fades. The five largest hyperscalers are set to spend more than $1 trillion on AI-related capital expenditures from 2025 through 2026,…