CoreWeave (CRWV), reportedly, breached some terms of a $7.6B loan last year that triggered a series of so-called technical ...

The document indicates that CoreWeave had to seek Blackstone’s approval to waive the defaults. The loan was at the same time amended to allow CoreWeave to pledge assets located overseas as ...

Cloud computing startup CoreWeave, which is backed by chipmaker Nvidia (NVDA), reportedly broke some terms of a $7.6 billion ...

CoreWeave (CRWV) violated several terms of a $7.6B loan last year, triggering a series of technical defaults, Robert Smith, Tabby Kinder, and ...

CoreWeave's IPO is the first one of the generative AI era. Competition for new Nvidia chips from huge rivals will make it ...

CoreWeave’s technical default. A particularly painful bonus day. Family Dollar’s new owners. CoreWeave: Hot IPO or the WeWork of AI? At first glance, ...

However, in December 2024, CoreWeave asked its main lender, Blackstone (BX), to amend the agreement and waive the defaults. The loan was structured through a special purpose vehicle that used GPUs ...

CoreWeave CEO Mike Intrator said on “Squawk Box” that the company had to “rightsize” its pricing ahead of the Friday IPO.