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)

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 …