AI Financing Anxiety May Near Peak, Novogratz Expects Credit Markets to Stabilize

8 hour ago / Read about 0 minute

Author：小编

Billionaire founder and CEO of Galaxy Digital Inc., a crypto financial services and AI data center operator, Michael Novogratz, stated that global credit market concerns over AI spending may be nearing a turning point for relief. During a conference call following Galaxy's release of its third-quarter financial results, Novogratz said on Tuesday that the credit market is currently experiencing some 'indigestion,' and tensions may have peaked, but time will gradually improve the situation. He also mentioned that more equity financing and less credit financing, with large-scale equity financing in the past week, is a positive development for the credit market.

Previous page：NVIDIA and Oracle Announce Expanded Collaboration

Next page：Oracle to Make Google's TPU Available on Its Cloud...

Return to List

Hot Reading

1 day ago

What Anthropic’s S-1 Reveals About Data Centers, Chips and Networking

2 day ago

ChatGPT Is Building Detailed Psychological Profiles of Its Users

2 day ago

Microsoft Says Its New AI Is Better at Diagnosing Patients Than Real Doctors

2 day ago

Growing Majority of Americans Convinced That AI Is Bad for Society