
CoreWeave stock sinks 10% on weak revenue guidance, increased spending forecast
CoreWeave has been raising debt to finance its data center buildout, and S&P boosted the company's credit rating.

CoreWeave has been raising debt to finance its data center buildout, and S&P boosted the company's credit rating.

CoreWeave has been raising debt to finance its data center buildout, and S&P boosted the company's credit rating.

CoreWeave has been raising debt to finance its data center buildout, and S&P boosted the company's credit rating.

CoreWeave has been raising billions of dollars in debt to finance its data center buildout as it serves the leading AI companies.

Meta has agreed to use Amazon's Graviton chips in a deal lasting at least three years, becoming one of the top five Graviton customers with hundreds of thousands of chips. This announcement follows Meta's recent $48 billion combined deals with CoreWeave and Nebius for Nvidia GPU rentals. The company is simultaneously reducing headcount by 8,000 employees (10% of workforce), demonstrating a strategy of infrastructure expansion paired with workforce optimization.