cupure logo
octoberhintsappleiphonenytusersherestrumpnetflixsaturday

CoreWeave’s $29 Billion Bet That Its Debt-Fueled AI Boom Won’t Go Bust

CoreWeave’s $29 Billion Bet That Its Debt-Fueled AI Boom Won’t Go Bust
Creative financing and an enormous appetite for risk helped CoreWeave’s Michael Intrator ride the AI data center boom to a $6.7 billion personal fortune. But as bubble fears mount, his reliance on billions in debt to supply advanced chips to major AI players puts him in a powerful position.

Comments

Tech news