CoreWeave pays $640M quarterly interest—$7M a day—as AI debt strains
ccerrato147 · x · 2026-11-08
When money gets expensive, the heaviest borrowers on the worst terms go first. CoreWeave paid $640 million in interest in Q2 — about $7 million a day — and expects up to $940 million this quarter.
Meanwhile, on Nov 3 Texas elected a governor who promised to ban new data center approvals, amid an ongoing "AI stocks are crashing" debate. The author's point: look at who signed for the debt before looking at the chips.
Related event: AI data centers shift to debt financing as CoreWeave, Nebius stocks halve(3 posts)→
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