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Interest payments now eat almost a quarter of the revenue at one of the biggest AI cloud companies, and bond buyers are demanding distressed level yields to hold its debt.
CoreWeave Bonds Near 15 Percent and the Price of Borrowing for AI, October 15, 2026
CoreWeave shares fell about sixteen percent as its bonds traded at yields near 15 percent, a distressed level for a company holding a $104 billion backlog. Chris and Laura unpack the $35.6 billion debt load, an interest bill eating almost a quarter of revenue, doubts about GPU collateral, and what a hotter inflation print means for the debt financed AI infrastructure buildout.
Hosted by Chris and Laura.
The DX Today Podcast brings you daily deep dives into the most consequential stories in the AI ecosystem.
