黑石Jas Khaira：AI基建债务担忧被夸大
原标题：Blackstone’s Jas Khaira says fears over AI-buildout debt are overblown
AI 摘要
黑石集团高管Jas Khaira在TechCrunch Disrupt上表示，市场对AI基建债务的担忧被夸大。黑石通过债务与股权等灵活结构大举投资算力领域，已成为超大规模云厂商之外最大的算力所有者，曾以GPU和客户合同为抵押向CoreWeave提供23亿美元贷款，并参与Firmus 100亿美元信贷、向Crux AI承诺50亿美元。他承认利率上行与信用利差扩大推高了借贷成本，CoreWeave股价近期跌超20%、Firmus取消约300亿美元估值的IPO，但认为数据中心多服务于超大规模客户，债务由全球信用最佳的公司背书，不似2008年银行危机。
正文节选
Private equity giant Blackstone is putting itself at the center of the AI boom, firm veteran Jas Khaira discussed last week on stage at TechCrunch Disrupt. It is writing checks via various strategies, ranging from offering massive loans to data centers to investing in frontier AI models and applications. Earlier this year, the firm launched Blackstone N1 (BXN1), a San Francisco-based central hub for its AI initiatives. The group is led by Khaira, who relocated from New York to be at the epicente