Rising rates strain AI data center fundraising
Oct 15, 2026
Data Centers
CoreWeave Expands Credit Facility to $1.5 Billion
May 6, 2025
CoreWeave has increased its revolving credit facility to $1.5 billion with major financial institutions to support its AI cloud infrastructure growth.
CoreWeave has expanded its revolving credit facility to $1.5 billion, as announced in a press release. The agreement involves major financial institutions including JPMorgan Chase, Goldman Sachs, Morgan Stanley, and MUFG, with additional participation from Credit Agricole, Deutsche Bank, Societe Generale, Sumitomo Mitsui Banking Corporation, and Wells Fargo.
This expansion marks an $850 million increase from the previous $650 million facility closed in October 2024. The enhanced credit facility is intended to provide CoreWeave with greater financial flexibility to continue its global growth in AI cloud infrastructure. CoreWeave is recognized for its advanced hardware and software solutions, and recently, it became one of the first AI cloud providers to offer GB200 Grace Blackwell Superchips at scale.
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