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Fortune
Fortune
Sheryl Estrada

Tens of billions in days: CoreWeave shows how aggressively AI infrastructure is being funded

An illustration photo shows CoreWeave logo in a smartphone. (Credit: Getty Images)

Good morning. For finance leaders trying to understand how the AI infrastructure race is being funded, CoreWeave just offered a revealing case study.

In the span of a few days, the Nvidia-backed startup locked in tens of billions in customer commitments and layered on multiple forms of debt. This underscores a defining feature of today’s AI boom: growth is being financed as aggressively as it is being engineered.

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