Is AI The Next Housing Bubble?

<p>Artificial intelligence may transform the global economy—but is Wall Street financing the boom with dangerous amounts of leverage? Jon Sanchez goes inside the special-purpose vehicles, bankruptcy-remote subsidiaries, long-term leases and circular financial relationships behind the massive expansion of AI data centers. Using CoreWeave as a case study, Jon explains where the debt resides, what happens if a major customer stops paying, how an AI credit problem could spread and why a revolutionary technology can still produce devastating investment losses.</p>