BlockBeats News, July 28th, credit rating agency Fitch Ratings warned that the artificial intelligence frenzy and the potential pullback risk are becoming a major global credit risk, exacerbating concerns about the soaring tech valuations and premature investment of unprecedented spending at a time when future returns are uncertain. So far, no other major rating agency has made such a direct statement.

In its third-quarter global risk outlook, Fitch Ratings stated that the credit environment continues to be mainly influenced by two major short-term risks: the increasing vulnerability to adjustments in the artificial intelligence-related market and the ongoing uncertainty associated with the US-Iran conflict. Fitch reiterated recent warnings from global regulatory agencies that the artificial intelligence frenzy is increasingly intertwined with economic growth and capital markets, particularly in the United States, raising the risk of large-scale sell-offs. Fitch stated, "The scale of investment in artificial intelligence is so large that the exposure of the economy and the entire capital market to such adjustments is quite significant."