AITechCrunchabout 2 hours ago
Blackstone Downplays AI Debt Fears
5 min read
Blackstone executive Jas Khaira states fears over AI-buildout debt are overblown. The firm, with $1.3 trillion in assets, backed CoreWeave with a $2.3 billion loan in 2023. CoreWeave debt ballooned to about $50 billion recently. Blackstone also formed a $1.5 billion joint venture with Anthropic called Ode to help companies adopt AI.
Level
Hype check
Tap to vote and see what everyone thinks.
