A data center tied to CoreWeave Inc. raised $900 million from a high-yield note offering, joining a wave of junk issuers tapping debt markets to fund artificial intelligence infrastructure.
CoreWeave Inc. signage in Times Square in New York, US, on Friday, May 9, 2025. After a heavily scaled down initial public offering, CoreWeave Inc. is in discussions to raise about $1.5 billion in debt, according to a person with knowledge of the matter. Photographer: Yuki Iwamura/Bloomberg
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