Nvidia’s Huang says CoreWeave needs no backstop, as its credit swaps hit a record

Jensen Huang told Bloomberg in Stockholm that CoreWeave’s cost of capital is decreasing and that Nvidia does not need to backstop the company. On the same day CoreWeave’s five-year credit default swaps hit a record 1,194.5 basis points, pricing a more than 60% chance of default within five years. Jensen Huang said in Stockholm on […] This story continues at The Next Web