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Blackstone tactical opportunities group led a $2.3B private credit loan to CoreWeave in 2023, marking the first major deal of its kind and becoming a blueprint for chip-backed debt. This marked the first major deal of its kind and became a blueprint for chip-backed debt that, three years on, is on track to become a trillion-dollar market, eclipsing even the borrowings used to build the data centers housing the chips.
It’s a testament to how intertwined the global AI expansion and credit markets have become in such a short time
On today's episode:
- Dina Bass, Bloomberg News AI Infrastructure Reporter
- Jay Chaudhry, CEO & Founder, Zscaler
- Ray Madoff, Author, The Second Estate
- Jessica Dupuy, Co-Author of Italianity, Award-Winning Wine, Spirits, Food & Travel Writer
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