Google, CoreWeave Fuel AI Funding Frenzy With $6.7 Billion Bonds

There’s no stopping the artificial intelligence financing boom, with a record deal involving Google-backed data centers and an add-on sale by cloud infrastructure firm CoreWeave Inc. raising a combined $6.7 billion in new junk debt.

The Google-linked deal — a $5.7 billion offering led by Morgan Stanley — priced on Thursday after receiving $19 billion of investor orders, according to people with knowledge of the matter.