# Banks tighten AI credit as infrastructure financing strains

_Published Friday, October 16, 2026 at 6:09 AM EDT · Infrastructure, Products · Latest · Tier 2 — Notable_

Banks are pulling back from AI lending to limit concentration risk, Axios reports, with JPMorgan CEO Jamie Dimon confirming tighter credit. Global AI-related debt issuance fell to $23 billion in September 2026 from $113 billion in June.

A third of AI capital spending now comes from debt. CoreWeave bond yields pushed above 15%, while approximately $18 billion in loans for an Oracle data center campus slid into stressed territory.

## Sources

- [Axios](https://www.axios.com/2026/10/16/wall-street-limit-ai-spending-debt)

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Canonical: https://techandbusiness.org/newswire/_apZvBWF4DBoTpGp9afnNx
Published: 2026-10-16T10:09:26.169Z
Story chronology: 2026-10-16T09:00:10.000Z
Retrieved: 2026-10-16T12:32:05.312Z
Publisher: Tech & Business (techandbusiness.org)