![\"CoreWeave\u2019s](\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDIvMDE5YzdlZjktZDU1NC03ZTBhLTkyMDktZTZhYWYwNWE2NWMwLmpwZw==.jpg\")
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CoreWeave\u2019s financing highlights Wall Street\u2019s shift away from volatile, hardware-backed crypto lending toward cash-flow-driven AI infrastructure, according to TheEnergyMag.<\/p>\n
CoreWeave\u2019s recent $8.5 billion AI-backed loan highlights a major transition in how Wall Street finances digital infrastructure, marking a shift from \u201cMinerFi\u201d to \u201cComputeFi,\u201d according to TheEnergyMag.<\/p>\n
In its latest Miner Weekly newsletter<\/a>, TheEnergyMag examined CoreWeave\u2019s multibillion-dollar raise from a group of banks and investors, backed by Mark Zuckerberg\u2019s Meta Platforms. As Bloomberg reported<\/a>, the financing underscores how companies are finding new ways to fund data center construction and expand GPU capacity.<\/p>\n Although CoreWeave has pivoted away from the digital asset sector toward AI-focused data center compute, the move offers a broader lesson on the shortcomings of Bitcoin (BTC<\/a>) mining finance.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n