0843 GMT - A slowdown in the development of artificial-intelligence models brings credit risk into the AI market narrative, Swissquote's Ipek Ozkardeskaya writes. Long-term financial commitments for data-center capacity and power could come under strain if the demand for such infrastructure isn't as high as anticipated, the analyst says. "If the AI race slows materially, the key question becomes: who pays for all that infrastructure?" Ozkardeskaya writes. "The leases, debt and power commitments remain even if expected compute demand and revenue growth slow." AI's central role in driving stocks higher and boosting productivity leaves markets vulnerable to any downturn in sentiment, Ozkardeskaya adds. Nasdaq futures fall 1.65%.