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Google and CoreWeave jointly raise $6.7 billion in bonds to fuel AI infrastructure expansion, with Google's deal alone securing $5.7 billion for new data centers.

Yahoo Finance AIApr 17, 20261 min read
Google and CoreWeave jointly raise $6.7 billion in bonds to fuel AI infrastructure expansion, with Google's deal alone securing $5.7 billion for new data centers.

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3 Key Points

  1. Google-backed data center deal raises $5.7 billion in junk debt, led by Morgan Stanley and priced Thursday

  2. Google's offering received exceptional investor demand with $19 billion in orders against the $5.7 billion offering

  3. CoreWeave contributes additional $1 billion bond sale as part of combined $6.7 billion financing round

  4. Funds will support construction of new data centers needed for AI infrastructure and computing capacity

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