CoreWeave wants life insurers’ ‘unlimited’ capital as private credit bubble fears grow

Brannin McBee's plan to fund AI data centers with insurer money lands as CoreWeave's 2032 bond yield touches 15% CoreWeave has found the deepest pocket in finance, and it belongs to life insurers. Co-founder Brannin McBee told the Financial Times in mid-October 2026 that the Nvidia -backed AI cloud provider wants to tap what he called ‘unlimited’ insurer capital. The money would fund a massive buildout of GPUs and data centers. A widely shared post on X summed up the co-founder’s remarks bluntly.

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