https://www.live-feeds.com/feed/nvidia-s-huang-says-coreweave-doesn-t-need-a-backstopContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/nvidia-s-huang-says-coreweave-doesn-t-need-a-backstophttps://www.live-feeds.com/feed/nvidia-s-huang-says-coreweave-doesn-t-need-a-backstop#u134216Mon, 19 Oct 2026 02:31:25 +0000Nvidia CEO Jensen Huang stated in Stockholm that AI infrastructure provider CoreWeave does not require a financial backstop from Nvidia. Huang told Bloomberg that CoreWeave's strength is improving and its cost of capital is falling. This assertion comes as credit markets signal rising default concerns, with credit default swaps hitting distress levels and pricing a 60% chance of default on the same day as Huang's comments. Despite the CEO's confidence, investors are souring on AI debt, leading to a record cost for insuring CoreWeave's debt.Why it mattersCoreWeave is a major