CoreWeave, an AI-cloud company backed by Nvidia, is facing a major financial crisis due to massive debt accumulation. The company carries approximately $35.6 billion in debt alongside $16.3 billion in operating lease liabilities. Despite a customer backlog of $104 billion, CoreWeave remains unprofitable with net losses of $1.4 billion in the first half of the year. Market participants are showing concern, reflected in rising bond yields and increased credit-default swap costs.
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