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  • CoreWeave turns to customer prepayments, shorter contracts to fund AI growth | TechCrunchtechcrunch.com· 3d

    TechCrunch reports that AI cloud provider CoreWeave is increasingly funding its growth through customer prepayments, contract-backed loans, and shorter deals — reporting $3.66 billion in revenue but a $709 million net loss — as CEO Michael Intrator says the company won't tap unsecured debt at current yields above 15%. TechCrunch argues the strategy could lift profits but hinges on unproven demand, with higher renewal and pricing risk.

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