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Blackstone, Magnetar lead $2.3bn facility into CoreWeave

The trancher is the latest to make waves in the sector as investment houses bet on AI and digital infrastructure whilst more mature sectors offer less growth.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

August 09, 2023 | 12:04 AM BST

Blackstone, Magnetar lead $2.3bn facility into CoreWeave

Michael Intrator, CoreWeave CEO and co-founder. Source: CoreWeave

The Tech Capital

Cloud company CoreWeave has secured a US$2.3 billion debt financing facility in a round led by Magnetar Capital and funds managed by Blackstone Tactical Opportunities.

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João Marques Lima

Founder and Editor, The Tech Capital

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