CoreWeave's $50 Billion Debt Load Rattles AI Infrastructure Markets

CoreWeave, the Nvidia-backed GPU cloud provider, faces mounting investor concerns over its $50 billion debt burden and rapidly burning cash—threatening to destabilize funding for the entire AI infrastructure buildout. The company, which completed its Nasdaq IPO in March 2025 at $40 per share, has accumulated $35.6 billion in debt and $16.3 billion in operating-lease obligations as it races to build data centers packed with Nvidia processors to meet surging demand for AI computing power.