Tech companies are increasingly turning to GPU-backed debt, a model pioneered by CoreWeave, using SPVs to shift debt off their balance sheets (Michelle Chan/Financial Times)

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Michelle Chan / Financial Times:Tech companies are increasingly turning to GPU-backed debt, a model pioneered by CoreWeave, using SPVs to shift debt off their balance sheets  —  Investors attracted by high yields as companies look to shift debt off their balance sheets  —  Tech companies are increasingly turning …