CoreWeave has used GPU-backed financing to expand computing capacity, but its total liabilities rose to $72 billion after its listing, its shares fell nearly two-thirds from their peak, and its bonds dropped into junk-bond territory. According to PANews, the article examines how the company's financing model developed and the strains it now faces, noting that its founder has cashed out $3.3 billion. CoreWeave's efforts to address the challenges include building its own data centers, replacing debt and seeking investment from insurers.