01323nam a22001457a 4500999001900000008004100019100004600060245004900106260003400155300003400189520080400223773003401027942000701061952010901068  c533231d533231260430b           ||||| |||| 00| 0 eng d  aSial, Farwa and Chandrasekhar, C P960348  aMilitarised AI, private credit, and Iran war  aEconomic & Political Weekly    a61(15), Apr 11, 2026: p.10-12  aPrivate credit markets are showing signs of stress, with multiple major funds restricting withdrawals as investors struggle to exit illiquid holdings. The fears of investors are driven by the success of AI, which, while driven by enormous capital spending financed in part by private credit, is perceived as disrupting the pre-existing software landscape. These dynamics are increasingly tied to military demand, with the US government encouraging private capital to build defence-linked AI infrastructure. The war on Iran is amplifying these trends by accelerating a shift wherein AI investment becomes less market-driven and more concentrated around state-backed priorities.-Reproduced 

https://www.epw.in/journal/2026/15/h-t-parekh-finance-column/militarised-ai-private-credit-and-iran-war.html
  aEconomic & Political Weekly    cAR  00102ddc40709408401aIIPAbIIPAd2026-04-30h61(15), Apr 11, 2026: p.10-12pAR138742r2026-04-30yAR