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CoreWeave's Q3 beat and raised guidance came with customers paying up front and shorter contracts; Bloomberg says it plans a $4B+ investment-grade loan as soon as next week.
The Series C, led by Thrive Capital, Founders Fund, Lightspeed and Redpoint, values the London memory-first inference chip maker at $7B.
TechCrunch's running timeline of the scandal; House Republicans have also asked Huang for a closed-door briefing.
Reported sales of $10B are an almost 50% jump from the $6.7B OpenAI recorded in the second quarter.
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