The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

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

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF 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&rsquo;s a testament to how intertwined the global AI expansion and credit markets have become in such a short time On today's episode:
<ul>
<li>Dina Bass, Bloomberg News AI Infrastructure Reporter</li>
<li>Jay Chaudhry, CEO &amp; Founder, Zscaler</li>
<li>Ray Madoff, Author, The Second Estate</li>
<li>Jessica Dupuy, Co-Author of Italianity, Award-Winning Wine, Spirits, Food &amp; Travel Writer</li>
</ul>

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Blackstone Bet on Chips Drove a Debt Boom That’s Upending Credit

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