JPMorgan’s Jhamna Declares the AI Software Shock Over

Published on May 12, 2026

For months, the private credit market faced scrutiny and skepticism. Negative headlines dominated discussions, raising concerns about the stability of investments in tech. Yet, amidst this uncertainty, inflows into private credit remained robust.

During JPMorgan’s Global Markets Conference in Paris, Sanjay Jhamna asserted that the fears surrounding new AI model releases have subsided. He observed that the recent launches did not trigger adverse reactions in the market, signaling a shift in investor sentiment. This development suggests a renewed confidence in the software sector.

Jhamna’s insights reflect a broader trend where previous anxieties have given way to optimism. He highlighted that the strength of inflows points to increased investor appetite for credit products, despite past misgivings. The current climate is indicative of an industry adapting to AI advancements rather than fearing them.

The implications are significant for both private credit and technology investing. As confidence returns, more capital may flow into innovative sectors. This shift could reshape market dynamics, offering new opportunities while fostering growth in the software landscape.

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