CoreWeave Secures $8.5B Loan for Meta Cloud Buildout | 2026 Update - News and Statistics

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CoreWeave Inc. is seeking an $8.5 billion loan to finance the expansion of its cloud computing infrastructure for Meta Platforms Inc. The loan is backed by existing contracts with Meta worth up to $14.2 billion and a more recent agreement exceeding $5 billion. Despite CoreWeave’s speculative-grade credit rating, Meta’s involvement is expected to help the loan achieve an investment-grade rating, potentially lowering borrowing costs.

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