Blackstone Inc

AI startup CoreWeave raises $7.5 billion in debt, Blackstone leads

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Michael Intrator, CEO of CoreWeave, participates in a CNBC interview on May 9, 2024. CNBC Fresh off a $1.1 billion equity funding round, artificial intelligence infrastructure startup CoreWeave has raised $7.5 billion in debt to more heavily invest in its cloud data centers. Blackstone’s funds led the lending round, with participation from Coatue, Carlyle, BlackRock, … Read more

U.S. executives see a Trump victory in 2024

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Republican presidential candidate and former U.S. President Donald Trump gestures as he takes the stage at his caucus night watch party in Des Moines, Iowa, U.S., January 15, 2024.  Evelyn Hockstein | Reuters DAVOS, Switzerland — Global business leaders may be in the snowy hills of Switzerland, but their conversations keep returning to Washington, D.C. … Read more