The Verge · 19 Oct 2026
CoreWeave’s debt is becoming the whole AI industry’s problem
CoreWeave had a bad week last week. Its bonds slipped into distressed territory by a common definition — when investors demand 1,000 basis points more in yield than they’d get from government bonds. Last Tuesady Chamath “SPAC King” Palihapitiya noticed the distressed debt, and also asked whether the
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