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CoreWeave secures $650M financing to fuel AI data center expansion

AI cloud provider CoreWeave has secured a $650 million credit facility led by top financial players, including Goldman Sachs and JPMorgan. With plans to open 28 global data centers by 2024, CoreWeave is accelerating its growth, bringing its total raised to $12.7 billion in just 18 months. The company, valued at $23 billion, is eyeing a potential IPO and continued expansion into the AI cloud space.

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