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CoreWeave said to sweeten $2.6 billion loan terms amid debt concerns
['Vlad Schepkov', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Investing.com -- CoreWeave Inc. has improved terms on a $2.6 billion loan intended to fund additional computing capacity for companies including Anthropic PBC, Bloomberg reported on Wednesday.
CoreWeave has been accessing the junk-debt market as it is expected to spend more than $34 billion this year in AI infrastructure.
The loan would also fund computing capacity for two of the largest US market makers, Jane Street Group and Hudson River Trading.
The firms rely on CoreWeave and other cloud providers to power trading algorithms that react to market moves in microseconds.
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