CoreWeave (CRWV) is not a normal cloud company. It sells Nvidia (NVDA)-powered GPU capacity to AI labs, enterprises and hyperscalers that need compute fast. That gives it a firm seat in the AI buildout, but it also leaves investors with a capital-heavy model, weighty borrowing and a stock that can move hard on every headline.
That's what happened on Thursday when CoreWeave announced a $3.5 billion debt offering to raise more capital for its fast-growing AI cloud business. The move shows the extensive amount of money the company still needs to continue expansion. And it also raises a bigger question for investors. Is CRWV worth buying now, or is the stock already too expensive?
