Investment in guarantee contracts is growing, especially for AI companies, which are investing huge sums of money to develop AI technology. This has led to a significant increase in the cost of these guarantee contracts, particularly for those companies that have accumulated large amounts of debt. For example, CoreWeave's protection costs have risen from less than €40,000 per year to €100,000 today.

Another important aspect is Oracle, one of the main providers of AI software. Its financial weakness has been exacerbated by the data center project being built in New Zealand. This project has faced delays and geographical resistance issues.

Oracle has already paid additional interventions and needs to pay other fees and loans, leading to an increase in the cost of Oracle's guarantee contracts. Other examples include Microsoft, where a loan deal failure occurred, and Amazon Web Services (AWS), whose risk exposure has increased. These companies seek protection through guarantee contracts but are unsure if they can maintain them safely.

The boom in debts has also led to an increase in reserve obligations, which investors have requested to protect themselves from the development of AI technology. This has caused an increase in the cost of guarantee contracts, making it more expensive to protect their interests against negative events. Additionally, reserve obligations have made the market for guarantee contracts more difficult, as seen in the failures of deals like Volta Infrastructure.

Investors are seeking to protect their interests but cannot find secure and effective solutions. The situation is so critical that some investors have decided to rely on derivative guarantee contracts based on information provided by Blue Owl, a finance service company. However, these derivative guarantee contracts are not guaranteed and may carry significant risks.

In conclusion, while AI is changing our world, we are facing a guarantee contract crisis that has led to high prices and increased costs of protection for financiers. It is important that adequate protective instruments be put in place to manage this AI boom without compromising economic stability.