AI Bubble: The Calls are Coming From Inside the House: Apollo and Ares Research Torches AI Debt Hype

The author argues that recent research from Apollo and Ares severely undermines the AI infrastructure and debt hype, revealing a lack of corporate productivity boosts and deep structural flaws in off-balance sheet AI funding. According to the reports, investment-grade AI bonds are backed by fragile guarantees, inadequate property insurance, and contract exit clauses that leave insurance companies and captive investors exposed to massive risk. Open article →