CoreWeave’s debt is becoming the whole AI industry’s problem
The Verge 8 hours ago ● 11 sources
CoreWeave’s bonds fell into distressed territory, triggering broader worry about whether the AI buildout is turning into a credit bubble. The indicator cited was a spread of 1,000 basis points over government bonds. As investors repriced CoreWeave’s risk, its shares dropped more than 20% and some other AI companies saw spillover damage.