Friday, October 11, 2024

CoreWeave says it has a new $650M credit line and has raised $12.7B from equity and debt investors in the past 18 months (Hayden Field/CNBC)

Hayden Field / CNBC:
CoreWeave says it has a new $650M credit line and has raised $12.7B from equity and debt investors in the past 18 months  —  CoreWeave, an Nvidia-backed artificial intelligence startup that rents out chips to other companies, announced Friday that it has a new $650 million credit line to expand its business and data center portfolio.



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Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...