Nvidia (NVDA) says its new DSX POD AI factories can be deployed in as little as 14 days, down from six months
Huang said a three-month delay could postpone $10 billion in revenue. The keynote capped a week of startup deals across Europe.
JPMorgan (JPM) sees limited bank risk from CoreWeave's debt as Goldman upgrades CRWV to buy
JPMorgan says bank loans to CoreWeave are well secured and explains how they are built. Goldman, a day earlier, called the slide a buying opportunity.
CoreWeave (CRWV) and seven other AI infrastructure borrowers see bond spreads widen as a Goldman note says credit is ahead of stocks
We compared the same AI borrowers' bonds from Oct. 8 through Oct. 16, and every one widened while JNK barely moved. Now updated with what new debt would cost each borrower.
Nasdaq posts worst week since June as memory stocks tumble. SpaceX, Tesla, and Meta report next week.
Micron lost 14.6% in a week that brought a Chinese memory launch, a hot inflation report, and two Elon Musk posts about RAM.
SemiAnalysis says Nvidia's (NVDA) GTC Berlin turned away neoclouds that added AMD and Google chips
The chip research firm says neocloud executives feel pressure to stay Nvidia-only. It didn't name the companies turned away.
Nvidia (NVDA) CEO Huang sees no need to backstop CoreWeave (CRWV) as debt insurance costs hit a record
"I'm optimistic," Huang said, as CoreWeave's stock and bonds kept falling.
CoreWeave (CRWV) wants insurers' 'unlimited' money to fund its AI build-out as its bond yields near 15%
"If we stop building today, [we'd be] immensely cash-flow positive," its co-founder said.
AI giants could overtake the big banks as the bond market's biggest concentration risk. One strategist says governments are doing the crowding.
Wellington's Loren Moran says AI hyperscalers will overtake the big banks as the investment-grade bond market's largest concentration risk. A SocGen strategist says governments are doing more of the crowding.
SemiAnalysis says users call IREN's (IREN) Prince George and Mackenzie data centers the industry's worst
SemiAnalysis praised IREN's Texas builds but disputed its managed-services claim. Nvidia's $70 exercise price sits far above the stock.
Nvidia (NVDA) wants its chips to back $500 billion in AI loans. Lenders want bigger guarantees.
Banks and credit investors want stronger guarantees before backing Nvidia's $500 billion chip-backed financing plan, Reuters reported. The sticking point is how many years an AI chip keeps earning money.
Nvidia (NVDA) wants insurers to cover part of its chip-backed AI loans. The terms would show what used AI chips are worth.
Nvidia is in early talks to have insurers cover part of the loans backed by its chips. The terms could show what lenders think a used AI chip is worth.
Data center landlords vs. tenants: Digital Realty (DLR) and Equinix (EQIX) vs. CoreWeave (CRWV) and Nebius (NBIS)
Digital Realty and Equinix own data centers and rent out space and power, while CoreWeave and Nebius sell AI computing mostly from rented space. CoreWeave's leases can run longer than its customer contracts.
Junk bonds are headed for their worst month since 2022. Here's what I'm watching in AI debt
Junk-bond ETFs lost more than 2% in September through Sept. 28, putting them on pace for their worst month since 2022. How much of that is rising rates, and which AI borrowers would feel real credit stress first?
Oracle (ORCL) vs. CoreWeave (CRWV): the debt behind the AI buildout, compared
Oracle has signed $288 billion of data center leases that haven't started yet. Here's how its debt stacks up against CoreWeave's, line by line.
CoreWeave (CRWV) signs multi-year deal to power Harell Data's private biotech AI training platform
CoreWeave signed a multi-year deal to run AI training for Harell Data, which says models on its platform train on proprietary biotech datasets without the data leaving it. Data owners earn a revenue share on each training job. No contract value was disclosed.
Oracle (ORCL)-linked data-center loans fall to 89 cents as banks struggle to sell the debt
About $18 billion of loans financing an Oracle (ORCL) data center in New Mexico are quoted at 89 to 91 cents on the dollar, the Financial Times reported. Banks have struggled to sell the debt amid concerns over Oracle's borrowing.
Nebius (NBIS) is raising GPU rental prices up to 21% on October 1. CoreWeave (CRWV) told bond buyers it is charging more too.
Nebius will raise pay-as-you-go rates for renting selected Nvidia chips from October 1, its second increase in three months, with GPUs up 17% to 21% and memory up about 41%. CoreWeave told convertible-note buyers the same morning that it is signing capacity at higher prices too.
CoreWeave (CRWV) wants $3 billion in convertible notes. It opened a 35 million share stock program the same day.
CoreWeave plans $3 billion of convertible senior notes due 2033, with a $500 million option, and signed an equity distribution agreement covering up to 35 million shares. Its investor deck puts recent short-dated third-quarter contracts at about $40 million per megawatt.
Microsoft's $678 billion and Amazon's $496 billion: why AI backlog figures aren't directly comparable
Five companies report their contract books three different ways, and the labels are not interchangeable. What RPO, revenue backlog and performance obligations each mean.
JPMorgan double-upgrades IREN Ltd (IREN) as AI slowdown rattles peers
JPMorgan moved IREN two notches to overweight and lifted its target to $65 from $46, hours after co-CEO Daniel Roberts posted a long rebuttal to the calls for an AI slowdown. Every comparable name we checked fell on Monday. IREN did not.
Three AI CEOs asked for a slowdown. Chipmakers sold off worldwide, and cybersecurity stocks went up.
Dario Amodei asked AI labs to slow the pace of capability development, and Sam Altman and Elon Musk agreed. The selloff that followed hit the AI supply chain and bid up the companies that sell defenses against it.
JPMorgan (JPM) has ended its lending to Leopold Aschenbrenner's fund
JPMorgan notified Situational Awareness it would end their lending relationship after the July losses, Reuters reports. Goldman Sachs, Citigroup and Bank of America remain active brokers.
Anthropic's compute contracts could reach $517 billion. Most are not public.
The Information estimates Anthropic cloud, chip and data center agreements at as much as $517 billion over the coming decade, covering at least 14.8 gigawatts agreed since October. Anthropic has confirmed four of the deals and none of the aggregate figures.
Anthropic CEO Dario Amodei floated AI compute limits. Then he called them gameable.
Two sentences in Dario Amodei's pacing essay raise limiting training compute. He hedges them in the same paragraph, and sets no number, threshold, or date.