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How a Blackstone-led $2.3B private credit loan to CoreWeave in 2023 became a blueprint for chip-backed debt, which is on track to become a $1T market


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2026-10-25 06:07:04
milo
Policy / Governance

Bloomberg:

How a Blackstone-led $2.3B private credit loan to CoreWeave in 2023 became a blueprint for chip-backed debt, which is on track to become a $1T market  —  “What is a GPU?”  Blackstone Inc. executives asked CoreWeave Inc.'s leadership.  Also: “Is AI real?”  —  These were entirely logical queries …




Bloomberg:

How a Blackstone-led $2.3B private credit loan to CoreWeave in 2023 became a blueprint for chip-backed debt, which is on track to become a $1T market  —  “What is a GPU?”  Blackstone Inc. executives asked CoreWeave Inc.'s leadership.  Also: “Is AI real?”  —  These were entirely logical queries …



Source: TechMeme
Source Link: https://www.techmeme.com/261025/p6#a261025p6


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