CoreWeave's $2B Bond Sale: AI Infrastructure's Impact

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CoreWeave, an AI infrastructure company, announced plans to raise $2 billion through a private offering of convertible notes, causing a drop in its shares. The notes, due in 2031, will have an interest rate of 1.5-2%. The company aims to manage stock dilution risk and support business operations with the raised funds.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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