CoreWeave’s $29 Billion Bet That Its Debt-Fueled AI Boom Won’t Go Bust
Update: 2025-10-05
Description
A knack for creative financing and an enormous appetite for risk helped CoreWeave’s Michael Intrator ride the AI data center boom to a $6.7 billion personal fortune. But as bubble fears mount, his reliance on billions in debt to supply advanced chips to all the major AI players puts him in a powerful—and precarious—position.
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