AI data center provider CoreWeave scores big with a $2 billion debt offering, proving they're not afraid to spend money to make money, just like yours truly.
AI data center provider CoreWeave scores big with a $2 billion debt offering, proving they're not afraid to spend money to make money, just like yours truly.

First You Get the Money Then You Get the Power!

Listen up you punks. CoreWeave these guys they're pulling in $2 billion in debt *eh*? Nineteen percent pop after announcing that shit. Debt. That's how you build an empire like me! They're renting out AI data centers powered by Nvidia chips. Nvidia! I like those guys. Good stuff. They say they priced these notes at 9.25% maturity in 2030. 2030! That's a long time but when you got the right product you can wait *eh*? It's like waiting for the perfect moment to light that cigar *you know*?

Oversubscribed? I Like Those Odds!

Five times oversubscribed! Five times! That's like having five wives *you know*? Everybody wants a piece of the action. CoreWeave says they gonna use the money to pay off outstanding debt. Smart move *eh*? Gotta keep the books clean or the IRS will come knocking and they're worse than Sosa's goons.

$17.2 Billion? That's More Than I Ever Made in Cocaine!

Seventeen point two billion in equity and debt! Jesus Christ! Even I didn't launder that much money. They say it's 'to support its strategy to drive the next generation of cloud computing for the future of AI.' All that *jargon* means they got big plans *eh*? And big plans require big money. Remember what I said: The World Is Yours!

Defending the Spending: You Gotta Spend Money to Make Money!

Some pencil pushing investors they're doubting CoreWeave's debt. *Cheeh* investors. Always worried. Their CEO Michael Intrator he says they're meeting 'demand signals.' Sounds like he knows what he's doing. You gotta spend money to make money *eh*? And if you don't have the *cojones* to take risks you end up washing dishes like Manny. No offense to Manny *eh* he was a good friend.

No Debt Till 2028? That's Breathing Room Compadre!

No debt maturities until 2028! Four more years! *Cheeh*. That's plenty of time to make this AI shit explode. They got vendor financing and self amortizing debt whatever the hell that means. They got about $3.8 billion in current debt and $4.9 billion in non current debt. So what? They got balls! I respect that.

Nvidia and Microsoft? Those Are Some Big League Customers!

Nvidia and Microsoft are their biggest customers. They even got two deals with OpenAI totaling nearly $16 billion. Sixteen billion! This CoreWeave they're not playing around. They're building an empire just like I did. Only instead of cocaine they're pushing AI. *Cheeh* times change *eh*? But the game... the game is always the same. Show no mercy take what's yours. The world is yours!


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