CoreWeave Faces $52 Billion Debt Hole

CoreWeave, an AI neocloud provider, faces a $52 billion debt hole with $35.6 billion in total debt and $16.3 billion in operating lease liabilities. The company reported $4.6 billion in Q2 revenue but a $1.4 billion net loss. It holds $103.7 billion in remaining performance obligations, with 41% due through 2028, raising questions about repayment viability.