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

This story is from 2026-09-16. It is preserved in the archive; the latest stories are on the live feed.

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.

Read the full story at Bloomberg AI ↗

Timeline · 1 report

  1. 2026-09-16 19:38 · Bloomberg AI
    Banks Line Up $22 Billion Chip Loan Tied to Blackstone, Alphabet

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