Guggenheim's Schwartz Concerned Private Credit Will Crack
Alan Schwartz, executive chair of Guggenheim Partners, discusses surging US power demand from electrification and AI, arguing data centers and hyperscalers should be seen as partners in lowering long‑term electricity costs. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Schwartz also addresses the recent concerns about the private credit market. (Source: Bloomberg)
Enterprise buyers and decision-makers should pay attention — this could impact AI procurement and implementation strategies across industries.
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