Superb analysis on the neocloud balance sheet evolution. The CRWV debt structure is particuarly fascinating because they're basically betting the entire bussiness on sustained AI capex demand. If hyperscalers really start building their own infrastructure at scale instead of renting, that $11 billion becomes a serious problem real quick.
Its not exactly like that because you need a lot of time to get energised that in West Texas can take up to 5 years. Serious constraints. Demands are outstripping supplies
Superb analysis on the neocloud balance sheet evolution. The CRWV debt structure is particuarly fascinating because they're basically betting the entire bussiness on sustained AI capex demand. If hyperscalers really start building their own infrastructure at scale instead of renting, that $11 billion becomes a serious problem real quick.
Its not exactly like that because you need a lot of time to get energised that in West Texas can take up to 5 years. Serious constraints. Demands are outstripping supplies
I'm still so amazed by how much CoreWeave keeps stacking up it's debt. The debt mountain just keeps increasing, crazy.
Probably because it’s too big fail and somehow they convinced investors in the way forward