CoreWeave, an AI cloud infrastructure provider, has seen its debt insurance costs reach unprecedented levels, with its credit-default-swap spread surging to approximately 1,195 basis points. The company’s borrowing obligations are projected to reach roughly $52 billion by mid-2026. Despite securing substantial funding, including a $2.6 billion loan in August, CoreWeave faces growing scrutiny over its ability to sustain its rapid AI-driven expansion. Prediction markets indicate an increased probability of a potential bankruptcy announcement, with market participants closely watching for any refinancing or restructuring announcements.
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