Chip-Backed Debt Is on Track to Become a Trillion-Dollar Market, Concentrating Risk
dinabass · x · 2026-10-24
Bloomberg takes an in-depth look at the AI chip financing market's origin, growth and risk. A 2023 deal between CoreWeave and Blackstone became the blueprint for chip-backed debt, now on track to become a trillion-dollar market. "The risk is concentrated," warns Jason Pompeii, senior director at Fitch Ratings.
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