JPMorgan Says AI Branding No Longer Sways Lenders Without Cash Flow Proof

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JPMorgan says that simply labeling a company as AI-focused is no longer enough to attract lenders. Default insurance costs on several AI-linked firms have reached record levels, prompting closer scrutiny from creditors. Companies now need to demonstrate that they can fund their investment plans, meet their debt obligations, and ultimately generate cash. The bank's view signals a shift toward financial fundamentals over technology narratives in assessing AI-related borrowers.

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