Originally reported bytheverge
The company’s unsecured debt due in 2032 is now trading below 80 cents on the dollar,Bloombergreports. “Yikes” is right, Elon — if CoreWeave crumbles,other debt-laden neocloudsmight be in trouble, too. CoreWeave is in many waysthe poster childof the current AI buildout, whichmay have disastrous consequencesif things don’t go as planned.
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