Core Scientific plans to raise $3.3B via a junk bond sale to finance its shift from crypto mining to building AI data centers and leasing them to CoreWeave
CoreWeave raised an $8.5B loan from banks and investors to expand its cloud computing capacity, in what it says is the largest chip-backed debt deal of its kind
CoreWeave Inc. has raised $8.5 billion from a group of banks and investors to help finance an expansion of its cloud computing capacity …
CoreWeave reports Q4 revenue up 110% YoY to $1.57B, vs. $1.55B est., and adjusted loss of $284M, vs. $258.9M est.; CRWV drops 19%+
CoreWeave (CRWV.O) beat Wall Street estimates for quarterly revenue on Thursday, benefiting from the artificial intelligence boom that has driven companies …
CoreWeave reports Q4 revenue up 110% YoY to $1.57B, vs. $1.55B est., and adjusted loss of $284M, vs. $258.9M est.; CRWV drops 5%+ after hours
CoreWeave (CRWV.O) beat Wall Street estimates for quarterly revenue on Thursday, benefiting from the artificial intelligence boom that has driven companies …
Tech companies are increasingly turning to GPU-backed debt, a model pioneered by CoreWeave, using SPVs to shift debt off their balance sheets
Sources: CoreWeave is seeking an ~$8.5B loan from banks, backed by a contract Meta signed last year to pay CoreWeave up to $14.2B for its services
CoreWeave Inc. is looking to raise about $8.5 billion from banks including Morgan Stanley and Mitsubishi UFJ Financial Group Inc. to help finance …
iNvidia invests $2B more in CoreWeave to speed up an effort to add 5GW+ of AI computing capacity by 2030 and deploy Nvidia's new Vera CPUs; CRWV closed up 5.7%
CoreWeave lost $33B in market value in six weeks amid construction delays at its Denton, Texas AI data center, criticism from short seller Jim Chanos, and more
The data-center provider's terrible six-week slide picked up speed when a famous short seller piled concerns on top of delays
CoreWeave expands its data center capacity agreements with OpenAI by $6.5B, bringing their total potential value to $22.4B, to support training of OpenAI models
CoreWeave Inc. expanded its agreements to supply data center capacity to OpenAI by as much as $6.5 billion to $22.4 billion …
A look at CoreWeave, whose financing strategy involves using GPUs as collateral for large loans, which enabled rapid expansion but resulted in $11.2B in debt
Rashi Shrivastava / Forbes : Bluesky: @rashis Bluesky: Rashi Shrivastava / @rashis : A series of bold bets and calculated risks helped Michael Intrator turn @CoreWeave from a no-name crypto miner int...