CoreWeave debt deal with investment firms raises $7.5B for AI datacenter startup

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Funds to be used for purchasing servers and networking kit

AI server startup CoreWeave has raised $7.5 billion in a debt deal from private equity companies Blackstone, BlackRock, and others.

We can certainly expect that number to rise further as a direct result of CoreWeave's latest cash injection, which will also be used to purchase the servers that AI GPUs go in, as well as networking equipment. This will likely help CoreWeave achieve its goal of operating 28 datacenters by the end of the year, twice the amount it operates currently.$1.1 billion funding received

 

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