AIFinancial Timesabout 3 hours ago
CoreWeave Plans Chip-Backed Debt Deal
1 min read
CoreWeave, an AI-cloud provider, announces plans for a multibillion-dollar debt deal backed by Nvidia GPUs and customer contracts. The company holds approximately $35.6 billion in debt and a $104.2 billion revenue backlog as of mid-2026. This move aims to stabilize finances and reduce bankruptcy odds by the end of 2029.
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