Can AI Understand a Distressed Credit? - Harneet Kaur, Axim Intelligence
Traditional credit risk models are too static for AI-era distressed debt markets
“Historically, the issue of predicting problems has been quite binary. Bankruptcy could be predicted: either you predict default or you don't.”— Sam Altman
Harneet Kaur, CEO of Axon Intelligence, argued that legacy credit risk tools like Altman's Z-score are inadequate for modern distressed debt markets, which have grown more opaque due to private lending expansion. Her company is building an AI layer for distressed loan analysis that can process financial statements and loan documentation at scale. The talk is a practitioner-level case study of AI applied to a niche financial domain, with limited broader AI industry signal.