Coreweave of the info center operator is reporting for a disappointing IPO report a debt contract of 1.5 billion US dollars.
After the Financial TimesThis week CoreWeave holds a roadshow with bankers at JPmorgan for debt options. The company's managers intend to make use of the meetings to measure investors' interest.
CoreWeave in New Jersey listed its shares in March and initially geared toward a fundraiser of $ 2.7 billion. The company was forced to scale back the full of 1.5 billion US dollars after investors apprehensive about its great debt load and a weakening marketplace for the AI infrastructure.
CoreWeave, who has customers like Microsoft, has collected debts of 12.9 billion US dollars for the development of information centers up to now two years. From December 2024, the corporate had around 8 billion US dollars in total debt and will likely be suspended by $ 7.5 billion in duties by the tip of 2026. The previously reported financial times.
Techcrunch contacted CoreWeave for a comment.
