Author: Sienna De Silva

  • Fitch Ratings Highlights Increasing AI Risks for Software, Media, and Service Corporates

    Fitch Ratings Highlights Increasing AI Risks for Software, Media, and Service Corporates

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    Fitch Ratings-Toronto/New York: Elevated AI-driven credit risks are concentrated in three technology, media and telecommunications (TMT) sectors, with software, media and services facing rising disruption risk while overinvestment risk remains largely confined to hyperscalers and select cloud providers, according to a new Fitch Ratings report. Asset-light businesses where value is driven by intangibles such as

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