Blackstone's Jon Gray says CoreWeave can 'find a way through' financing pressure

Source: press CNBC•

Blackstone's Jon Gray says CoreWeave can 'find a way through' financing pressure

CoreWeave has been battered over concerns about its massive debt, but Blackstone chief operating officer Jon Gray believes the so-called neocloud company will weather the storm. Right now, CoreWeave and its neocloud peers are facing challenges over the capital needed to deliver on their…

CoreWeave has been battered over concerns about its massive debt, but Blackstone chief operating officer Jon Gray believes the so-called neocloud company will weather the storm.

Right now, CoreWeave and its neocloud peers are facing challenges over the capital needed to deliver on their promises, he said in an interview with CNBC's "Squawk Box" Thursday.

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