Infrastructure Products

Banks tighten AI credit as infrastructure financing strains

Published Friday, October 16, 2026 · 6:09 AM EDT

Banks are pulling back from AI lending to limit concentration risk, Axios reports, with JPMorgan CEO Jamie Dimon confirming tighter credit. Global AI-related debt issuance fell to $23 billion in September 2026 from $113 billion in June. A third of AI capital spending now comes from debt. CoreWeave bond yields pushed above 15%, while approximately $18 billion in loans for an Oracle data center campus slid into stressed territory.

Sources

In this story

Oracle CoreWeave

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Axios and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Capital AI

Capital AI

Nevis raises $70M with Schwab joining wealth software investors

Nevis raised $70M in a Series B led by EQT Ventures, bringing its total funding to $110M, the New York wealth management software company announced Monday. Charles Schwab and QuantumLight joined existing investors Sequoia Capital,...

Robotics Capital

Robotics Capital

Bedrock Robotics raises $600M at a $4.1B valuation

Bedrock Robotics raised a $600M Series C at a $4.1B valuation, Bloomberg reported. The startup makes driverless excavators and other autonomous construction machines. The financing adds capital to a company developing autonomous ...

Capital

Capital

Matiks raises $10 million to expand puzzle games and game creation

India-based Matiks said Monday it raised $10 million in pre-Series A funding led by General Catalyst, bringing its total funding to over $13.5 million. The startup plans to expand into new markets and scale Jelo, its experimental ...

Security

Security

Apple patches 329 unique vulnerabilities across its software

Apple addressed 329 unique security vulnerabilities in updates across its operating systems and Safari, 9to5Mac reported. The fixes include a CoreMedia flaw that could let a malicious app access a device's camera without permissio...

AI Products

AI Products

AWS makes GPT-6.1 Terra generally available on Bedrock

AWS announced general availability of OpenAI's GPT-6.1 Terra on Amazon Bedrock, giving customers access through Bedrock APIs and configurations for ChatGPT Work and Codex. The model accepts text and images and supports up to 1 mil...

AI

AI

OpenAI releases GPT-6.1 Terra at $1 per million input tokens

OpenAI has released GPT-6.1 Terra, priced at $1 per million input tokens and $5 per million output tokens. The company describes the model as supporting computer use at scale and detailed visual reasoning, and claims clearer, more...