CoreWeave raises $7.5 billion in debt for AI computing push
The deal is one of the largest-ever private debt financings.
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The deal is one of the largest-ever private debt financings.
Once upon a time, three commodities traders in New Jersey decided to buy Nvidia GPUs and turn their Ethereum mining hobby into a business. The rest is history.
Once upon a time, three commodities traders in New Jersey decided to buy Nvidia GPUs and turn their Ethereum mining hobby into a business. The rest is history.
“All of those roles have helped me learn the intricacies of operating a cloud business at scale," said Nitin Agrawal, CoreWeave's new finance chief.
It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the world’s most valuable companies.