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CoreWeave CEO Calls Nvidia Circular Financing Claims 'Ridiculous,' Says Stake Too Small To Prop Up $42 Billion Company - CoreWeave (NASDAQ:CRWV)
Benzinga· 2026-01-12 08:51
CoreWeave Inc. (NASDAQ:CRWV) CEO Michael Intrator has forcefully rejected allegations that his company is engaged in “circular financing” with Nvidia Corp.(NASDAQ:NVDA), describing the narrative as “ridiculous” and mathematically unsound.Check out CRWV’s stock price here.‘Ridiculous’ NarrativeIn a recent appearance on the Big Technology Podcast, Intrator argued that Nvidia's minority stake in the specialized cloud provider is “de minimis” compared to CoreWeave’s massive capital scale, dismissing the concern ...