Loading...
Market
Will Cisco complete its investment in CoreWeave by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official press releases from Cisco or CoreWeave, or verified financial news reports
Story
CoreWeave Secures $650 Million Credit Facility, Cisco Investment Valuing at $23 Billion
Oct 11, 2024, 12:25 PM
CoreWeave, an Nvidia-backed AI startup, has secured a $650 million credit facility led by JPMorgan, Goldman Sachs, and Morgan Stanley. This credit line aims to support CoreWeave's growth strategy and capitalize on new opportunities in the rapidly evolving AI space, according to CEO Mike Intrator. The company has raised $12.7 billion from equity and debt investors over the past 18 months. Cisco is also close to investing in CoreWeave, valuing the company at $23 billion as both companies aim to lead in AI data center development.
View original story
Similar markets
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $2 billion • 25%
More than $2 billion • 25%
Less than $100 million • 25%
$100 million to $250 million • 25%
$250 million to $400 million • 25%
More than $400 million • 25%
Nat Friedman • 25%
Daniel Gross • 25%
Nvidia • 25%
Other • 25%
Less than $23 billion • 25%
$23 billion to $25 billion • 25%
$25 billion to $27 billion • 25%
More than $27 billion • 25%
Yes • 50%
No • 50%
