CoreWeave Plans to Raise at Least $4 Billion in Investment-Grade Loan for Nvidia Chip Purchases. According to Bloomberg, AI computing cloud service provider CoreWeave is seeking to raise at least $4 billion in an investment-grade, asset-backed loan led by Morgan Stanley. The funds will be used to purchase Nvidia chips and other computing equipment for a contract with an investment-grade client, with an expected annual interest rate between 7% and 7.5%. CEO Michael Intrator previously stated that at current interest rates, the company will no longer seek financing through the unsecured bond market.