June 1, 2026 · 7 min
Underwriting
The Pre-ChatGPT Stranding: How AI Funding Concentration Creates a New Underwriting Signal for Small Business Lenders
The $250 billion funnel into OpenAI and Anthropic has left hundreds of pre-ChatGPT startups stranded. For small business lenders, this creates a new credit risk signal—and a new borrower profile to underwrite.
- AI startups
- small business lending
- underwriting risk
- startup failure
- credit risk
