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CoreWeave Inc. (NASDAQ:CRWV<\/strong><\/a>) is one of the best IPO tech stocks to buy right now<\/strong><\/a>. On March 31, CoreWeave announced the closing of a landmark $8.5 billion delayed draw term loan facility, marking the first investment-grade rated financing backed by GPU infrastructure. The facility received an A3 rating from Moody\u2019s and an A (low) from DBRS, reflecting institutional confidence in the company\u2019s AI cloud model and execution.<\/p>\n This non-recourse structure allows CoreWeave to initially borrow $7.5 billion, with the capacity to increase to the full $8.5 billion as assets stabilize. The financing is designed to fulfill requirements for previously contracted cloud services with leading AI enterprises, further expanding CoreWeave\u2019s high-performance footprint. Brannin McBee, the company\u2019s Chief Development Officer and co-founder, noted that the transaction helps reduce the cost of capital while validating the scalability of their platform.<\/p>\n Pixabay\/Public domain<\/p>\n Over the past 12 months, CoreWeave has secured equity and debt financing commitments totaling ~$28 billion to meet accelerating customer demand. The new facility matures in March 2032 and features a combination of floating and fixed-rate tranches. The transaction was meaningfully oversubscribed and led by major financial institutions, including MUFG, Morgan Stanley, Goldman Sachs, and JPMorgan.<\/p>\n CoreWeave Inc. (NASDAQ:CRWV) is a software infrastructure company that offers the CoreWeave Cloud platform to deliver the automation & efficiency needed to manage AI infrastructure at scale.<\/p>\n While we acknowledge the potential of CRWV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/strong><\/a>.<\/p>\n READ NEXT: 33 Stocks That Should Double in 3 Years<\/a> and 15 Stocks That Will Make You Rich in 10 Years<\/a><\/b>.<\/strong><\/p>\n Disclosure: None. <\/strong>Follow Insider Monkey on Google News<\/strong><\/a>.<\/strong><\/p>\n<\/p><\/div>\n