CoreWeave raises $2.3 billion in debt collateralized by Nvidia chips

www.reuters.com

CoreWeave raises $2.3 billion in debt collateralized by Nvidia chips

www.reuters.com

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c/WallStreetBets@chat.maiion.comEnglish · 2 years ago

Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone and collateralized by Nvidia chips, with the funds to be used to expand to meet rising AI workload, the company said on Thursday.

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