CoreWeave, a cloud infrastructure technology company, is seeking to raise approximately $1.5 billion in unsecured debt following a heavily scaled-down initial public offering (IPO). This move comes after the company has already borrowed $12.9 billion at interest rates ranging from 11% to 15%. The debt raise discussions reportedly involve major banks such as JPMorgan. The IPO was widely regarded as disappointing, prompting CoreWeave to turn to debt financing as a means to support its operations and growth plans.