CEO Michael Intrator signs 5-year contracts before buying expensive computer gear

CEO Michael Intrator will not buy expensive computing infrastructure for CoreWeave until he has a 5-year contract in hand. The company is very thoughtful about the risks of borrowing money. The average duration of their purchases is 5 years to match their client deals. CoreWeave is a technology company that uses the financial strength of its clients to grow. These clients are massive cloud computing and data center companies. It is easier to borrow money when the biggest companies in the world back you up.