AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone

(CNBC) Fresh off a $1.1 billion equity funding round, artificial intelligence infrastructure startup CoreWeave has raised $7.5 billion in debt to more heavily invest in its cloud data centers. Blackstone’s funds led the lending round, with participation from Coatue, Carlyle, BlackRock, Magnetar and others. In its equity financing two weeks ago, CoreWeave was valued at $19 billion.

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