October 1, 2026 06:35 PM GMT Global Credit Strategy & Securitized Products Research The State of AI Financing: A Pause, Not a Pullback September marked the second-lowest month of AI-related supply this year, with only ~$23bn globally. In our view, this slowdown is temporary and driven by a combination of significant front-loading of issuance in the year and building political/regulatory constraints. We expect a busier fall and 4Q, as the focus shifts to 2027 capex. Key Takeaways | M | | | | --- | --- | --- ...