The Globe and Mail reports in its Friday edition that credit market experts at KKR & Co. are warning investors about the increasing amount of debt related to artificial intelligence, adding their voices to the discussion regarding the current health of financial markets. The Globe's Tim Kiladze writes that issuing large amounts of debt to develop AI infrastructure isn't inherently concerning, but investors should understand the interconnectedness of companies raising funds, say Christopher Sheldon and Tal Reback from KKR. They wrote: "Diversification is harder than it looks when the same short list of counterparties sit behind the equity book, the debt book and increasingly the infrastructure supporting both. Power, chips, cooling, land, leases and financing often route back to the same handful of economic actors." As of Aug. 31 companies accounted for more than $500-billion (U.S.) worth of AI-related bonds, with five issuers representing more than half of that total, according to research from JPMorgan and KKR. KKR's credit market experts also cautioned that forecasts for AI infrastructure may be justified based on projections of AI use, but building the infrastructure to support it is a complicated task.