AI 泡沫要是破了，谁先扛不住？拿 GPU 当抵押狂借钱：黑石 23 亿美元豪赌正把 AI 算力变成万亿债务市场

彭博披露，黑石 2023 年牵头向 CoreWeave 放出的 23 亿美元贷款，如今成了「芯片抵押债务」的模板，这类市场正朝 1 万亿美元规模狂奔。

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原文：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 (Bloomberg)