CoreWeave, an AI cloud infrastructure company, is facing a quarterly interest bill of $640 million. In the second quarter of 2026, its revenue backlog reached $104 billion, but debt-funded expansion outpaced profitability, resulting in a GAAP net loss of $626 million for the quarter. Markets currently assign an 11.5% probability to a bankruptcy declaration by January 2028, rising to 29.5% by January 2030. Debt management strategies, interest expense projections and operating cash flow will be key factors in determining the company’s financial outlook.
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