How CoreWeave’s Debt Binge Brought a Perilous Moment of Reckoning

T1Covered by 1 source · first reported by The Information (teasers) at 20 Oct, 13:35 UTC

In early 2023, Blackstone CEO Steve Schwarzman gathered with Jas Khaira, the company’s lead AI investor, and other top executives at the finance giant’s Park Avenue headquarters in Manhattan for a debate: Should they give billions of dollars to a little-known data center developer—CoreWeave—that…

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• T1How CoreWeave’s Debt Binge Brought a Perilous Moment of ReckoningThe Information (teasers)20 Oct, 13:35