Plan to borrow from insurance companies
Company: CoreWeave
The claim, verbatim
CoreWeave cofounder and finance lead Brannin McBee said he wants to borrow even more money, from insurance companies, whose access to capital he described as unlimited.
Source (primary)
CoreWeave investor explains how the loss-making AI ‘neocloud’ provider plans to claw its way out of debt - Fortune (-, news_article)
View cached copy (2026-10-17)Live source ↗Archive.org ↗
Quote: “he said he wanted to borrow even more money—from insurance companies. The insurance sector's access to capital "is unlimited," he told the paper.”
How we checked this
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Additional evidence
confirms CoreWeave investor explains how the loss-making AI ‘neocloud’ provider plans to claw its way out of debt - Fortune
Quote: “he said he wanted to borrow even more money—from insurance companies. The insurance sector's access to capital "is unlimited," he told the paper.”