CoreWeave

Rule Changes

Offering to work with Texas's incoming governor

Voters approved data center restrictions in 44 of the 45 local elections where counting was complete, according to Redbud Consulting's tally reported by the Associated Press. Democrats also won governorships in Texas, Arizona, Georgia and Ohio after campaigns that promised tighter rules on the facilities.

Updated 3 days ago

Money Moves

Rival to Nebius, at center of recent market turmoil

Nebius Group signed a $3.5 billion secured loan with Citi on October 22 to pay for data centers and GPUs. The facility matures October 16, 2027, and its rate starts at 2.75 percentage points over the Term SOFR benchmark, rising 0.25 points every 90 days to a cap of 3.50.

Updated Oct 23

New Capabilities

As of September 2026: First mover on multi-rack Rubin deployment

CoreWeave has become the first cloud provider to run NVIDIA's newest AI chips at multi-rack scale. On September 16 it brought up seven Vera Rubin NVL72 racks — 504 Rubin GPUs — as a single production cluster spanning two regions.

Updated Sep 17

Money Moves

As of August 2026: Largest neocloud borrower; a benchmark for the debt trend

Nebius wants $4.5 billion in borrowed money to buy chips and pour concrete. On August 19, 2026, the Amsterdam AI cloud company launched a private sale of convertible notes, a kind of debt that can later turn into stock. Its shares fell about 13% the same day.

Updated Aug 19