Nebius CEO says debt markets closed for neoclouds since last week; CoreWeave at risk

mjdramstead · x · 2026-10-26

Nebius CEO Arkady Volozh says asset-backed and debt capital sources have been temporarily closed for neoclouds since last week, forcing the company to rely on customer advances and other instruments to fund at least its first gigawatt of capacity. Ed Zitron notes this is now the second such account, arguing CoreWeave would be in serious trouble outside of whatever Blackstone can arrange.

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