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CoreWeave reportedly looks to raise $1.5B in debt as IPO disappoints
Data center operator CoreWeave is reportedly seeking a $1.5 billion debt deal after a disappointing IPO.
Data center operator CoreWeave is reportedly seeking a $1.5 billion debt deal after a disappointing IPO. The company was forced to slash that total to $1.5 billion following investor concern about its large debt burden and a weakening market for AI infrastructure. CoreWeave, which has customers including Microsoft, raised $12.9 billion of debt in the past two years to build data centers.
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