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CoreWeave secures $7.5B in debt financing

CoreWeave secures $7.5B in debt financing
CoreWeave secures $7.5B in debt financing

CoreWeave, based in Roseland, NJ, secured $7.5B in debt financing to fuel its AI solutions and expansion.

The financing was co-led by Blackstone and Magnetar, with Carlyle, CDPQ, DigitalBridge Credit, and others participating.

The funds will be used to develop CoreWeave's high-performance compute fleet, targeting AI and enterprise clients.

Founded in 2017 and led by CEO Michael Intrator, CoreWeave specializes in scalable AI and machine learning solutions, supporting a wide range of industries.

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