Patel: CoreWeave secured GPU debt without backstops using Microsoft contracts
Dylan Patel · Dylan Patel: NVIDIA's New Moat & Why China is "Semiconductor Pilled” · Feb 5, 2026 · at 1:04:51
Dylan Patel explains how neocloud provider CoreWeave financed its early GPU data center expansion.
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“In the case of core wave, they were actually able to no backstop, right? They were able to just say, Hey, look, here's our Microsoft contract for this many GPUs.”
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