Markets, credit & cross-asset strategy · Staff byline

Adrian Cole

Adrian Cole is a Markets & News staff byline covering cross-asset market moves, credit, financing conditions, positioning and market structure.

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Recent reporting

Reporting by Adrian Cole

Markets

AI’s Next Bottleneck May Be Credit, Not Chips

Meta and CoreWeave show how the AI buildout is becoming a financing problem: enormous capex, negative cash flow, secured debt and higher capital costs.