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CoreWeave launches $3 billion convertible debt sale

Sept 17 (Reuters) - Nvidia-backed CoreWeave ⁠said on Thursday it plans to raise $3 billion ⁠through a convertible debt offering, highlighting the massive ‌funding needs to support the AI infrastructure buildout.

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CoreWeave启动30亿美元可转换债券发行

CoreWeave logo is seen in this illustration taken July 20, 2026. REUTERS/Dado Ruvic/Illustration

Sept 17 (Reuters) - Nvidia-backed CoreWeave ⁠said on Thursday it plans to raise $3 billion ⁠through a convertible debt offering, highlighting the massive ‌funding needs to support the AI infrastructure buildout.

Shares of the neocloud were down more than 3% in early trading. Through the last close, they ​have gained over 16% so far ⁠this year.

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