CoreWeave's Debt Crisis Reveals Fractures in AI Infrastructure Boom

CoreWeave, the GPU cloud provider that was supposed to power artificial intelligence's explosive growth, became the unlikely focal point of a brutal market reckoning this week. The company's stock plunged 20% over three trading sessions, with yields on its bonds climbing toward 16% and credit default swap spreads hitting distress levels, as investors abruptly reassessed the sustainability of the capital-intensive infrastructure buildout underpinning the AI era.