Goldman Sachs Group Inc. is gauging investor interest in a junk bond to fund a data center leased to CoreWeave Inc., joining a growing trend of debt offerings tied to the AI-driven neocloud company.

The bond is expected to be around $1.15 billion, with plans to launch in September, though timing remains fluid, according to sources familiar with the matter.

This latest financing effort underscores the rising demand for infrastructure investments linked to artificial intelligence, as CoreWeave positions itself as a key player in the AI boom.

Goldman Sachs did not comment on the potential offering.

The data center project reflects broader market enthusiasm for neocloud providers benefiting from surging AI adoption.