CoreWeave turns to customer prepayments, shorter contracts to fund AI growth

CoreWeave is increasingly asking customers to pay upfront, borrowing against specific contracts, and even looking to short-term deals that could lead to higher prices, according to the company’s third-quarter earnings.

CoreWeave is increasingly asking customers to pay upfront, borrowing against specific contracts, and even looking to short-term deals that could lead to higher prices, according to the company’s third-quarter earnings.