How a Blackstone-led $2.3B private credit loan
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
TL;DRBlackstone's $2.3B GPU-backed loan to CoreWeave created a template for AI infrastructure financing now exploding into a trillion-dollar market.
Why it matters: Private credit is replacing traditional bank lending for AI capex, reshaping how startups fund compute and shifting power from public markets to private investors.
Baba, which develops AI tools
TL;DRAI startup Baba raised $40M to help Medicare/Medicaid patients navigate healthcare bureaucracy.
A look at Meta's role in Brazil's runoff, where Lula da Silva alleges
TL;DRMeta accused of suppressing Lula's content in Brazil's election; company blames technical glitches.
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