CoreWeave’s debt is becoming the whole AI industry’s problem

T1Covered by 1 source · first reported by The Verge at 19 Oct, 21:28 UTC

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. Last Tuesady Chamath "SPAC King" Palihapitiya noticed the distressed debt, and also asked whether…