According to @lisaabramowicz1, the Financial Times reports that OpenAI’s data center partners are on track to amass nearly $100 billion in borrowing tied to scaling ChatGPT infrastructure while OpenAI remains loss-making, highlighting rising credit exposure around the OpenAI ecosystem, source: Lisa Abramowicz on X; Financial Times. Microsoft is the pivotal counterparty to OpenAI via a multi‑year, multibillion‑dollar partnership and AI supercomputing buildout, making MSFT’s AI capex and guidance a key focus for equity and credit traders, source: Microsoft “Microsoft and OpenAI extend partnership” announcement dated Jan 23, 2023; Microsoft Investor Relations FY2024 materials. Funding reliance is evident among AI compute providers, with CoreWeave securing $7.5 billion in debt financing in 2024 to expand Nvidia GPU capacity, underscoring how AI buildouts are being levered in credit markets, source: CoreWeave press release dated May 1, 2024. For crypto exposure to the AI theme, RNDR powers the Render Network for GPU rendering, AKT is the utility for Akash’s decentralized cloud used for high‑performance compute, and FET underpins Fetch.ai’s autonomous agent network, giving traders on‑chain proxies linked to AI infrastructure and agents, source: Render Network documentation; Akash Network documentation; Fetch.ai documentation. Relevant disclosures to track include MSFT earnings commentary on AI capex, and data‑center operator updates from Equinix and Digital Realty that have cited AI as a demand driver in 2024, alongside ongoing coverage of the reported $100 billion debt trajectory, source: Microsoft Investor Relations FY2024 earnings materials; Equinix Q2 2024 investor presentation; Digital Realty 2024 investor presentation; Financial Times.