The Deluge of AI Debt Has Big Names Seeking New Strategies to Avoid Selloffs

The Deluge of AI Debt Finds a New Strategy BlackRock wasn’t about to let fast-trading investors spoil its Meta financing victory. This article is for subscribers only. Welcome to Bloomberg’s AI Today newsletter. Every weekday we’ll break down artificial intelligence’s threats and opportunities for businesses, workers, finance and economies. Sign up now if you’re not already on the list. After BlackRock won a coveted debt financing for a Meta Platforms data center over other private markets rivals, it wasn’t about to let fast-trading investors spoil its victory. Time and again, massive AI-linked debt deals from the likes of Nvidia, SpaceX and Amazon.com have cleared the primary market, only to crater below their initial value once trading begins. Many tracking the deals have said those looking for quick profits are the likely culprits behind the moves.