Nvidia CEO Downplays CoreWeave Concerns After Risk Gauge Soars
Bloomberg's Ed Ludlow said that equity market investors are looking at CoreWeave's ballooning debt and the cost of maintaining that debt as it reassesses its credit risk. CoreWeave, a 'neocloud' company that only runs AI data centers, is supplied solely by chip giant Nvidia and runs AI processing for OpenAI and Microsoft. Both CoreWeave's CEO and Nvidia's Jensen Huang have downplayed concerns around CoreWeave's financial structure, bolstering the company's stock. (Source: Bloomberg)


