CoreWeave Secures $1.5 Billion Credit Facility Expansion for Global AI Growth
CoreWeave, Inc. (Nasdaq: CRWV), a leading provider of AI cloud infrastructure, has expanded its credit facility to $1.5 billion. The increase, backed by major financial institutions including JPMorgan Chase Bank, Goldman Sachs, and Morgan Stanley, enhances the company’s financial flexibility to support its global expansion in AI-driven cloud solutions.
The revolving credit facility now stands at $1.5 billion, up from $650 million, with an extended maturity date. This strategic move underscores CoreWeave’s commitment to scaling its operations amid rising demand for AI infrastructure.