Tag: CoreWeave

Musk predicts a cull of 200 neoclouds as debt markets close

The SpaceX chief says credit has shut off for compute landlords without revenue that stands on its own.

Nvidia backstops face a credit test as neocloud shares slide

Three portfolio cloud providers are down at least 30 percent this month while insurance against their default gets…

Credit markets put the AI buildout on notice

CoreWeave protection costs passed 11 percent, three neoclouds shed more than 30 percent this month, and SK Hynix…

Credit markets flag distress in CoreWeave’s debt pile

Spreads on the AI cloud provider's default insurance blew past 1,100 basis points as investors questioned who pays…

CoreWeave scales Vera Rubin past a single rack for agents

CoreWeave has brought up multi-rack Vera Rubin NVL72 systems on its cloud, joining hundreds of Rubin GPUs into…

CoreWeave quarterly sales double as borrowing costs climb

The neocloud's revenue jumped 112 percent but losses and interest costs grew with its infrastructure bet.

CoreWeave and Leidos team up on classified AI data centers

CoreWeave and Leidos will run AI compute inside accredited classified US facilities.