CoreWeave’s borrowing costs just fell from 10% to 7%. The AI data centre debt market is repricing risk in real time.
An Applied Digital subsidiary raised $1.59 billion in the high-yield bond market on Tuesday to fund a fourth building at its Polaris Forge 1 campus in North Dakota, which will provide 150 megawatts of computing capacity for CoreWeave under a 15-year contract. The bonds were priced to yield 7%, a steep drop from the 10% investors demanded […]<br /> This story continues at The Next Web [...]
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Why prompt debt, retrieval debt, and evaluation debt are quietly reshaping enterprise AI risk
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CoreWeave joins the Nasdaq-100 just 15 months after its IPO, capping a wild ride from crypto mining to AI darling
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CoreWeave signs multi-year Anthropic deal as nine of ten top AI model providers join its platform
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Google Cloud takes aim at CoreWeave and AWS with managed Slurm for enterprise-scale AI training
Some enterprises are best served by fine-tuning large models to their needs, but a number of companies plan to build their own models, a project that would require access to GPUs. Google Cloud wants [...]
Nvidia-backed CoreWeave revealed big AI bills — and the stock dipped 13%
CoreWeave stock tumbled Wednesday following its first earnings report since going public, as the data center company’s growing capital expenditure raised concerns among investors. Read more... [...]
CoreWeave to acquire Core Scientific in $9 billion AI infrastructure deal
CoreWeave is set to acquire data center provider Core Scientific in a share swap deal worth about $9 billion.<br /> The article CoreWeave to acquire Core Scientific in $9 billion AI infrastructu [...]