PIMCO CEO warns of AI market downturn
Original title: Please stop asking me when the AI bubble will pop
PIMCO CEO predicts AI market downturn while banks finance billions in related bonds amid economic uncertainty.
The PIMCO CEO told listeners there will be an AI market downturn and things will break with uncertain pricing and economics. Wall Street banks were financing large debt from Anthropic. Apollo Global Management also noted uncertainty despite expected growth in computing power.
Unconfirmed: What we don’t know is how pricing and economics will evolve
- PIMCO CEO estimates $2 trillion in AI financing needs over five years
- Meta drew $58 billion in bonds for AI buildout
- Oracle needs additional $20 billion in bonds
- Alphabet selling €6 billion in bonds
- Organizations
- PIMCOApollo Global Management
From the original article
3 min read at theverge.com
Emmanuel Roman, chief executive officer of Pacific Investment Management Co. (Pimco), during the Global Financial Leaders' Investment Summit in Hong Kong, China, on Tuesday, Nov. 3, 2026.
By Elizabeth Lopatto · theverge.com
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