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AI & Enterprise

AI disruption could widen credit market risks, UBS analyst warns

A UBS analyst warned that corporate loans worth billions of dollars could be at risk of default as AI disruption threatens borrowers, CNBC reported on Feb. 13. He said private equity-owned software and data services companies face particular exposure. He estimated $75 billion to $120 billion of new defaults, based on forecasts that default rates in leveraged loans and private credit could rise to 2.5 percent to 4 percent. UBS said financing stress and loan restructurings could become unavoidable.

AI & Enterprise

Grafana Labs pursues new funding on open-source observability bet

Grafana Labs, the startup commercialising the open-source observability platform Grafana, is pushing to raise new investment. GIC is expected to lead the round, which could raise the company’s valuation to $9.0 billion from $6.6 billion, up 36% from about six months ago. The company’s annual recurring revenue rose to more than $400 million in September from $250 million as of August 2024. Grafana Labs is adding AI features and tools such as k6 as monitoring complexity grows.

AI & Enterprise

ByteDance's Seedance 2.0 faces copyright infringement controversy, Hollywood pushback

ByteDance is facing a widening controversy over its AI video generation model Seedance 2.0, which can create 15-second videos from text input and use real people and movie characters. The Motion Picture Association and SAG-AFTRA moved quickly. Deadpool writer Rhett Reese voiced concern about possible infringement. Disney began legal steps after its characters appeared in Seedance 2.0-made videos and demanded the service be halted.