Business
AI debt concerns grow as ING reportedly seeks buyers for $500 million of data center loans
ING is reportedly seeking bids for about $500 million across 12 data center loans, including debt tied to a New Mexico Stargate site.
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ING is reportedly seeking bids for about $500 million across 12 data center loans, including debt tied to a New Mexico Stargate site.
Concerns that Democrats in the US will push back against data center projects are weighing on an AI trade that is already on shaky footing amid growing doubts about profitability.