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AI News from ET - CoreWeave secures $8.5 billion loan to expand AI infrastructure

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Cloud infrastructure firm CoreWeave has secured a significant $8.5 billion in financing. This funding will fuel the expansion of its artificial intelligence cloud platform. The move comes as demand for computing power continues to rise sharply. This latest financing brings CoreWeave's total commitments in the past year to approximately $28 billion. The company is set to boost its AI capabilities.

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