www.bloomberg.com
Summarize this content to 100 words: The fear of AI disruption in software is not just rocking equity markets, it’s also hitting software firm’s debt and pushing their bonds and loans into distressed territory. PagsGroup Founder and CEO, Steve Pagliuca, told Joumanna Bercetche on Horizons Middle East and Africa that AI moving into the implementation stage marks a turning point in the software as a service model. (Source: Bloomberg)
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