CoreWeave-Backed Data Center Plans $3.5 Billion Junk-Bond Sale
Galaxy Digital Inc. is planning a $3.5 billion junk-bond offering to finance a data center project associated with CoreWeave Inc. This marks a significant expansion of AI infrastructure financing into higher-risk debt markets. The move reflects growing investor appetite for funding data center expansion driven by artificial intelligence demand.
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CoreWeave-Backed Data Center Plans $3.5 Billion Junk-Bond Sale
Galaxy Digital Inc. is planning a $3.5 billion junk-bond offering to finance a data center project associated with CoreWeave Inc. This move represents a significant expansion of AI infrastructure financing into higher-risk debt markets, as companies seek substantial capital to support growing demand for AI computing resources.
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