By Stephen Bartholomeusz
Publication Date: 2026-02-25 01:03:00
“There’s always a surprise in a credit cycle,” JPMorgan Chase’s Jamie Dimon told investors this week.
“This time it could be because of AI (artificial intelligence) software.”
The Wall Street chief made the comments as the US stock market experienced a sharp sell-off – which stabilized overnight – as fears from earlier this month resurfaced that AI had the potential to wipe out software-as-a-service companies.
This turmoil coincided with other concerns about the potential dangers lurking in the private lending sector after one of the larger private lenders, Blue Owl Capital, was forced…