Friday Oct 11, 2024

Coreweave Unicorn News: Coreweave Secures $650 Million Credit Line

Coreweave Unicorn News - October 11, 2024

Coreweave, an AI startup backed by Nvidia, has secured a $650 million credit line from major Wall Street banks to expand its business operations and data center portfolio. This financial boost aims to accelerate Coreweave's growth in the competitive AI market.

Sources
https://biztoc.com/x/7ce9111478fedbe8
https://biztoc.com/x/f74f42320f1ef480
https://www.cnbc.com/2024/10/11/nvidia-backed-coreweave-picks-up-650-million-credit-line.html

Outline
(00:00:00) Introduction
(00:00:33) Nvidia-backed CoreWeave Secures $650 Million Credit Line for Business Expansion

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