CoreWeave Inc. (NASDAQ:CRWV) is engaging with European high-yield investors as it considers new financing options that could include both U.S. dollar- and euro-denominated bond offerings, according to a Bloomberg report published on Tuesday.
The report, citing sources familiar with the matter, said the AI infrastructure company has appointed JP Morgan Chase & Co. to organize investor calls taking place on Tuesday. CoreWeave provides AI-focused data center capacity to major customers including OpenAI and Meta Platforms Inc.
The potential debt issuance comes amid a broader surge in AI-related fundraising activity, with hyperscale technology companies increasingly tapping global debt markets to secure financing for large-scale infrastructure investments. Earlier this week, Amazon.com Inc. completed a record-breaking bond sale in the Canadian dollar market.
For European high-yield investors, opportunities to gain exposure to the artificial intelligence infrastructure sector remain relatively limited. One recent example was Norwegian data center operator PolarDC, which raised €800 million ($925 million) through a high-yield bond offering last month.
CoreWeave currently holds credit ratings of Ba3 from Moody’s Ratings, B+ from S&P Global Ratings and BB- from Fitch Ratings. While the company already has several dollar-denominated bonds outstanding, it has yet to issue a high-yield bond in euros.
The company has secured more than $20 billion in funding during 2026. That total includes an $8.5 billion non-recourse investment-grade delayed draw term loan facility, a $2 billion investment in Class A common stock from NVIDIA, and a $3.1 billion GPU-backed loan facility tied to two major customer agreements. The $3.1 billion financing attracted demand exceeding the amount offered.
Founded in 2017 as a cryptocurrency mining business, CoreWeave built a significant inventory of Nvidia graphics processing units during its early years. The company has since transformed into a major AI infrastructure provider and now operates nearly 50 data centers across North America and Europe.