JPMorgan, Goldman Curb Exposure on $5 Billion Volta AI Loan Sale

Exclusive JPMorgan, Goldman Curb Exposure on $5 Billion Volta AI Loan Sale JPMorgan Chase & Co. and Goldman Sachs Group Inc. have taken a rare move to limit their exposure on a $5 billion loan sale for AI startup Volta Infrastructure Holdings Ltd. as investors demand higher yields for risky debt tied to the artificial intelligence boom. The two banks are leading the loan offering for Volta, a new artificial intelligence cloud company. The banks have underwritten a $1.3 billion term loan for Volta, while a $3.7 billion chip loan is not underwritten by the banks — a move to protect themselves from potential risks, according to people familiar with the deal.