Banks provide $22 billion chip loan for Blackstone and Alphabet
Bloomberg News reports 10 banks are providing a $22 billion chip loan to support Blackstone and Alphabet’s cloud venture Crux AI, citing people with knowledge of the matter.
A group of 10 banks is providing a $22 billion chip loan to back Blackstone NYSE:BX and Alphabet's NASDAQ:GOOG new cloud venture Crux AI, Bloomberg News reported on Wednesday, citing people familiar with the matter.