AI Infrastructure Debt Concerns Intensify, S&P Warns of Undisclosed Liabilities

By Marc Jones

LONDON, Oct 19 (Reuters) - S&P Global estimates the world’s biggest tech firms are likely to have more AI-linked liabilities than currently known, although its top analyst for the sector sees no need to change any ratings at present.

Debt issued by AI infrastructure providers and so-called ’neocloud’ firms such as Nvidia-backed CoreWeave has sunk to increasingly stressed levels in recent weeks amid concerns about the aggressive scale of their borrowing.

S&P’s Global Head for Dig

Investing.com - StoneX reiterated a Buy rating and $57.00 price target on Galaxy Digital Holdings Ltd. (NASDAQ:GLXY) shares.

Galaxy Digital shares fell approximately 30% over a two-week period, according to StoneX analyst Mark Palmer. The decline extended last week, with the stock dropping 24.5% over the past week and now trading at its 52-week low of $16.76.

The selloff was driven by concerns about the creditworthiness of CoreWeave, the neocloud company that is Galaxy Digital’s first and only

Investing.com -- Nscale is in talks to secure a computing deal worth about $45 billion with Anthropic, Bloomberg News reported, potentially bolstering the Nvidia-backed data center developer’s bid for a roughly $30 billion valuation in its planned initial public offering.

The proposed agreement would cover a second building at Nscale’s Monarch data center campus in West Virginia, delivering 460 megawatts of computing capacity powered by Nvidia’s next-generation Vera Rubin AI chips, according to