CoreWeave Secures $7.5 Billion to Expand AI Infrastructure

The AI hyperscaler aims to double its data centers and enhance its capabilities with new debt financing led by Blackstone and Magnetar.

CoreWeave plans to use the funds to scale its high-performance computing fleet for AI workloads.
The financing is one of the largest debt rounds for a startup, boosting CoreWeave's balance sheet.
Investors include Blackstone, Magnetar, Coatue, Carlyle, BlackRock, and others.
CoreWeave's access to Nvidia's advanced chips positions it against major cloud providers like Amazon and Google.
The company has raised over $12 billion in equity and debt in the past year, reflecting strong market demand for AI infrastructure.