EconomyBlackstone’s chip bet fueled a debt boom reshaping credit

Blackstone executives asked CoreWeave leaders, “What is a GPU?” and “Is AI real?” The headline says Blackstone’s bet on chips drove a debt boom that is upending credit.

BlackstoneCoreWeaveAIcredit markets

BBloomberg News★★☆☆☆2026-10-23 18:15Original