CoreWeave launches $3 billion convertible debt sale
CoreWeave (CRWV) said it plans to raise $3 billion via a convertible debt offering to fund AI infrastructure buildout. The stock was down more than 2% in premarket.
Nvidia-backed CoreWeave NASDAQ:CRWV said on Thursday it plans to raise $3 billion through a convertible debt offering, underscoring the large funding requirements tied to its AI infrastructure buildout. Shares of the neocloud were down more than 2% in premarket trading. Through the last close, they ha…