AI Infrastructure Boom Scrutinized Over Debt, Power Constraints, and ROI Concerns

Reuters reports a shift from “growth at any cost” to scrutiny of leverage and execution as rising rates and computing costs make fundraising harder for some AI infrastructure companies. The Financial Times says CoreWeave bonds sank below 75 cents on the dollar as investors questioned whether AI revenues could support the sector’s debts. NBC News reports that doubts about returns on trillions in AI spending are also weighing on U.S. stocks.