Nvidia CEO Hwang In-hoon said on October 15, local time, that the financial situation of data center operator CoreWeave is improving. He believes there is no need for Nvidia to provide back-up support for CoreWeave. “I am very optimistic. Their cost of capital is actually falling”. At a time when the credit market's attitude towards CoreWeave is turning negative and believing that the risk of default is rising, Hwang In-hoon is trying to boost confidence in the company.

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