Tag: Coreweave
-
CoreWeave seeks $1.5 billion debt amid AI growth and heavy liabilities
CoreWeave, a New Jersey-based AI data center operator, is seeking to raise about $1.5 billion in new debt. This move aims to refinance its significant liabilities and possibly fund further operations expansion. The effort follows a reduced initial public offering (IPO) in March that fell from $2.7 billion to $1.5 billion. Investor concerns focused on…