AI startup CoreWeave completes $7.5 billion in new round of financing, with BlackRock and others participating

Odaily News CoreWeave, an AI cloud computing startup backed by Nvidia, has raised $7.5 billion from investors including Blackstone, Carlyle Group and BlackRock in one of the largest private debt financings ever. Two weeks ago, CoreWeave had just completed a $1.1 billion equity financing round at a valuation of $19 billion. As of the end of last year, the company had 14 data centers and plans to double that number to 28 by the end of this year. (Wall Street Journal)