AI disruption is a threat to the booming private credit market, investment chief says

AI has thrown a wrench into various pockets of the stock market this year. An investment chief says it also has the potential to cause problems in the debt market. Over the last few weeks, AI updates from Anthropic and other firms have threatened business models in numerous industries, but perhaps none more than software. Publicly traded software firms have seen their share prices decline sharply, and private companies have delayed IPOs after seeing valuations fall.The rout has created concerns that some fi ...