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flag CoreWeave secures $650M credit line for IPO preparedness, backed by JPMorgan & Goldman Sachs.

flag CoreWeave, a cloud services startup backed by Nvidia, has secured a $650 million credit line from investment firms led by JPMorgan Chase and Goldman Sachs. flag This funding aims to enhance the company's financial flexibility as it gears up for an initial public offering (IPO). flag Over the past 18 months, CoreWeave has raised $12.7 billion through equity and debt financing, utilizing Nvidia's technology for its high-performance cloud services.

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