Debt

CRWV

CoreWeave's bonds slipped into distressed territory, with investors demanding 1,000 basis points more in yield than government bonds. Chamath Palihapitiya noted the distressed debt and questioned whether the AI buildout was a private credit bubble.

CRWV

CoreWeave had a bad week last week. Its bonds slipped into distressed territory by a common definition - when investors demand 1,000 basis points more in yield than they'd get from government bonds. Chamath Palihapitiya noticed the distressed debt and asked whether the AI buildout was a private credit bubble.