CoreWeave debt deal raises $7.5B for AI datacenter startup
Briefly

CoreWeave raised $7.5 billion from private equity firms, aiming to enhance its AI computing infrastructure, adding for more AI GPUs, servers, and networking equipment, and expanding to 28 datacenters.
The debt is currently at $9.9 billion, backed by collateral, possibly GPUs, which are vital components. Failure to repay could result in losing the collateral and hinder CoreWeave's operations.
Read at Theregister
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