CryptoNews reported, citing Kobeissi Letter, that AI-related companies currently account for 45% of the market capitalization of the S&P 500 index, while 15.4% of investment-grade debt is tied to AI, making it the largest industry in the U.S. credit market. Since 2020, AI-related debt has nearly doubled to a record $1.4 trillion, highlighting the industry’s massive capital concentration.

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