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CoreWeave’s Brazen Dream Crashes Into Reality as Yields Top 15%

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CoreWeave’s Brazen Dream Crashes Into Reality as Yields Top 15% For just about any company, it’d be an audacious thing to say: Find a way to get an investment-grade credit rating, and win access to “unlimited” funding. That it came from a co-founder of CoreWeave Inc., just as the AI cloud-computing provider’s existing bonds signal distress and at least one analyst mused about how its stock could go to zero, further sent markets into a tailspin.

CoreWeave’s Brazen Dream Crashes Into Reality as Yields Top 15% For just about any company, it’d be an audacious thing to say: Find a way to get an investment-grade credit rating, and win access to “unlimited” funding. That it came from a co-founder of CoreWeave Inc., just as the AI cloud-computing provider’s existing bonds signal distress and at least one analyst mused about how its stock could go to zero, further sent markets into a tailspin.
CoreWeave (ORG) CoreWeave Inc. (ORG)
Originally published by Bloomberg Technology Read original →