RapidRatings CEO Charlie Minutella on why the real risk in AI infrastructure build-outs is the suppliers’ financial capacity to keep up
RAPIDRATINGS
RapidRatings CEO Charlie Minutella on why the real risk in AI infrastructure build-outs is the suppliers’ financial capacity to keep up
One in five suppliers building today is already considered high risk, according to Charlie Minutella, CEO of RapidRatings. A wave of hyperscaling growth across that same supplier base, and the figure climbs to 26 %, an increase
RapidRatings’ own stress testing attributes not to weak fundamentals, but to the sheer cost of scaling fast enough to keep pace with demand.
For an industry already familiar with the scale of AI capital expenditure, that number is the real story. Hundreds of billions of dollars are being committed to build out compute capacity, and increasingly, hyperscalers are financing the suppliers who build it directly rather than simply buying from them. What is less understood is how exposed those suppliers, and the buyers backing them, already are.
4 October 2026