Story thread · 5 reports / 4 sources

Banks Line Up $22 Billion Chip Loan Tied to Blackstone, Alphabet

bloomberg.com · 3h · first report

A group of 10 banks is providing a $22 billion chip loan to support Blackstone Inc. and Alphabet Inc.’s new cloud venture Crux AI, the latest mega-debt deal in the race to finance the expensive processors crucial to artificial intelligence.

The coverage

  1. Banks provide $22 billion chip loan to Blackstone, Alphabet cloud venture, Bloomberg News reports

    investing.com · 2h

  2. Banks provide $22 billion chip loan to Blackstone, Alphabet AI cloud venture, source says

    channelnewsasia.com · 2h

  3. Banks arrange $22B chip loan connected to Blackstone and Alphabet in record AI infrastructure deal

    cryptobriefing.com · 3h

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