CoreWeave reportedly looks to raise $1.5B in debt as IPO disappoints do sex sex to

May, 09 2025 16:40 PM

In Brief Posted: 8:24 AM PDT · May 9, 2025 Image Credits:CoreWeave Kyle Wiggers CoreWeave reportedly looks to raise $1.5B in debt as IPO disappoints Data center operator CoreWeave is reportedly seeking a $1.5 billion debt deal after a disappointing IPO. According to the Financial Times, CoreWeave is holding a roadshow this week with bankers at JPMorgan for debt options. The company’s executives intend to use the meetings to gauge investor interest. New Jersey-based CoreWeave listed its shares in March, initially targeting a $2.7 billion fundraise. The company was forced to slash that total to $1.5 billion following investor concern about its large debt burden and a weakening market for AI infrastructure. CoreWeave, which has customers including Microsoft, raised $12.9 billion of debt in the past two years to build data centers. The company had about $8 billion of total debt on its balance sheet as of December 2024, and is facing debt and interest payments of $7.5 billion by the end of 2026, the Financial Times previously reported. TechCrunch has contacted CoreWeave for comment. Topics AI, AI, CoreWeave, In Brief May 13, 2025 London, England Get inside access to Europe’s top investment minds — with leaders from Monzo, Accel, Paladin Group, and more — plus top-tier networking at StrictlyVC London. REGISTER NOW

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CoreWeave reportedly looks to raise $1.5B in debt as IPO disappoints do sex sex to

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