AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone

CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.

CEO Michael Intrator told CNBC earlier this month that CoreWeave will be in 28 data centers by the end of this year., artificial intelligence infrastructure startup CoreWeave has raised $7.5 billion in debt so that it can more heavily invest in its cloud data centers.chips for running AI models. Demand for the technology is soaring as businesses across virtually all sectors are racing to integrate AI chatbots into their products following the launch of OpenAI's ChatGPT in late 2022.

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