CoreWeave says it is targeting insurers' "unlimited" capital, as the AI cloud provider seeks cheaper ways to fund the tens of billions it is spending on chips (Ryan McMorrow/Financial Times)
CoreWeave is looking to insurers as a lower-cost financing source for its AI infrastructure buildout.
The company says insurers have “unlimited” capital it can target as it funds tens of billions of dollars in chip spending. The pitch is about replacing or supplementing more expensive funding routes as CoreWeave scales its cloud capacity. The note does not give further detail from the Financial Times piece here. Techmeme's note
The company says insurers have “unlimited” capital it can target as it funds tens of billions of dollars in chip spending. The pitch is about replacing or supplementing more expensive funding routes as CoreWeave scales its cloud capacity. The note does not give further detail from the Financial Times piece here. Techmeme's note
score 6