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 [...]
Over the past two decades, technical debt meant outdated architecture, messy code, and poorly maintained documentation. That definition is no longer sufficient in the AI era, where failure modes are m [...]
CoreWeave, the AI cloud infrastructure company that began life as a New Jersey cryptocurrency mining operation called Atlantic Crypto, has been selected for inclusion in the Nasdaq-100 Index. The add [...]
In short: Jane Street has signed a $6 billion AI cloud agreement with CoreWeave and taken a $1 billion equity stake at $109 per share, making the quantitative trading firm one of CoreWeave’s five la [...]
Across 107 enterprises, AI infrastructure spending is accelerating well ahead of the ability to see or steer its economics. Most organizations run their AI on a familiar base of hyperscalers and model [...]
In short: CoreWeave announced a multi-year agreement with Anthropic on April 10, 2026, giving the Claude maker access to Nvidia GPU capacity across US data centres for production-scale AI workloads. [...]
The AI cloud is heading into the vault. CoreWeave rents high-end GPUs to the biggest AI labs. Now it wants to run that same cloud inside the sealed facilities where America keeps its secrets, with the [...]
Memory chips have roughly doubled in price this year, a squeeze that has emptied Apple’s shelves and rewritten data centre budgets. CoreWeave is now working out what to do if they get cheaper. The [...]
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 [...]