JPMorgan Chase and Goldman Sachs Reduce Risk Exposure in $5 Billion Loan Deal for AI Cloud Startup Volta
1 week ago / Read about 0 minute
Author:小编   

As investors demand higher yields on high-risk debt linked to the AI boom, JPMorgan Chase and Goldman Sachs have taken the rare step of limiting risk in arranging a $5 billion loan for AI startup Volta Infrastructure Holdings Ltd. The two banks are leading the loan financing for Volta, underwriting a $1.3 billion term loan while leaving another $3.7 billion in chip-related loans ununderwritten to reduce potential risk.