CoreWeave Raises $7.5B In Debt For AI Push
Briefly

CoreWeave raised $1.1 billion from Coatue, valuing the company at $19 billion, a substantial increase from its previous valuations, including $7 billion just five months earlier.
The company announced a $7.5 billion debt facility from investors like Blackstone and Tiger Global, indicating continued investor confidence and support.
CoreWeave plans to expand its global data center footprint to 28 by 2024, highlighting the company's growth trajectory and demand for AI infrastructure.
Read at Crunchbase News
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