Unverified50% confidenceOpinionExact time
Matt Kennedy of Renaissance Capital told Bloomberg that rising interest rates amount to a double blow for AI companies: first, it lowers the present value of profits they will only earn many years from now; second, the financing cost of borrowing money to build data centers also rises.
1
Sources
50%
Confidence
Medium-term (~90 days)
Relevance
10/13/2026
First Seen
Valid until: 1/11/2027
Sources
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