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Chronicles

The story behind the story

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A look at CoreWeave, whose financing strategy involves using GPUs as collateral for large loans, which enabled rapid expansion but resulted in $11.2B in debt

Rashi Shrivastava / Forbes : Bluesky: @rashis Bluesky: Rashi Shrivastava / @rashis : A series of bold bets and calculated risks helped Michael Intrator turn @CoreWeave from a no-name crypto miner into a $50 billion company, serving compute to the likes of OpenAI and Microsoft.  Elated to share my latest @forbes.com cover story with @pheebini.bsky.social www.forbes.com/sites/rashis...

Forbes