Summary
- CoreWeave, an Nvidia-backed AI startup, secures a $650 million credit line to expand its business and data center portfolio
- Plans to have 28 data centers by the end of 2024 and build another 10 in 2025
- CoreWeave has supplied GPUs to companies like Microsoft and Mistral
- Goldman Sachs, JPMorgan Chase, and Morgan Stanley led the financing for CoreWeave