CoreWeave (CRWV), reportedly, breached some terms of a $7.6B loan last year that triggered a series of so-called technical defaults.

CoreWeave (CRWV) violated several terms of a $7.6B loan last year, triggering a series of technical defaults, Robert Smith, Tabby Kinder, and ...

CoreWeave's IPO is the first one of the generative AI era. Competition for new Nvidia chips from huge rivals will make it ...

CoreWeave asked its main lender, Blackstone (BX), to amend the agreement and waive the defaults. The loan was structured through a special purpose vehicle that used GPUs and contracts with large ...

CoreWeave CEO Mike Intrator said on “Squawk Box” that the company had to “rightsize” its pricing ahead of the Friday IPO.

CoreWeave’s technical default. A particularly painful bonus day. Family Dollar’s new owners. CoreWeave: Hot IPO or the WeWork of AI? At first glance, ...

CoreWeave CEO Mike Intrator said ... Intrator also addressed administrative issues with a loan last year in which the company faced technical defaults. The company started to use money from ...

However, in December 2024, CoreWeave asked its main lender, Blackstone (BX), to amend the agreement and waive the defaults. The loan was structured through a special purpose vehicle that used GPUs ...