Bloomberg Markets1 min read
By Interestana AI Editorial — AI-drafted, human-overseen. How we report
JPMorgan, Goldman Limit Exposure on Volta AI Loan Sale
JPMorgan Chase & Co. and Goldman Sachs Group Inc. have taken a rare step to limit their exposure on a $5 billion loan sale for AI startup Volta Infrastructure Holdings Ltd. This action comes as investors are demanding higher yields for risky debt tied to the artificial intelligence boom. The banks are curbing their involvement in the financing for the AI infrastructure company.
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Read on Bloomberg Markets(opens in a new tab)Ref 00Q96OQT
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