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(Repeats October 15 story with no changes) By Anhata Rooprai and Aditya Soni Oct 15 (Reuters) — CoreWeave's mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed to build data centres. Shares and bonds of the Nvidia-backed company have tu
By Anhata Rooprai and Aditya Soni Oct 15 (Reuters) — CoreWeave's mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed to build data centres. Shares and bonds of the Nvidia-backed company have tumbleddespite its CEO's assurances of a stro
CoreWeave has $50 billion in debt Debt insurance costs hit about 1,000 basis points, implying high default risk Nvidia backstop covers unsold capacity through April 2032 CoreWeave slide worsens, stock down 6% (Adds bullets, analyst comments, insurance risk, graphics) By Aditya Soni and Anhata Rooprai Oct 15 (Reuters)
IREN's CEO expresses skepticism about AI growth prospects, potentially impacting tech sector. This may affect investor sentiment towards AI-related stocks.