Cloud Provider Gets $2.3 Billion Debt Using NVIDIA’s H100 as Collateral
CoreWeave, an NVIDIA-backed cloud service provider specializing in GPU-accelerated services, has secured a debt facility worth $2.3 billion using NVIDIA’s H100-based hardware as collateral. The company intends to use the funds to procure more compute GPUs and systems from NVIDIA, construct new data centers, and hire additional personnel to meet the growing needs for AI…
Cloud Provider Gets $2.3 Billion Debt Using NVIDIA’s H100 as Collateral Read More »