Business
CoreWeave Closes $2.6 Billion Secured Debt Financing Facility, Strengthening Market Position as AI Cloud Leader
LIVINGSTON, N.J., July 31, 2025--CoreWeave, Inc. (Nasdaq: CRWV), the AI Hyperscaler™, today announced it has closed a $2.6 billion delayed draw term loan facility ("DDTL 3.0 Facility"), continuing the company’s investment in world-class infrastructure tailored for artificial intelligence. The funding will be used to support the purchase and maintenance of advanced equipment, hardware, and cloud infrastructure systems to deliver services under a long-term agreement with OpenAI.
About this update from Banco Bilbao Vizcaya Argentaria, S.a.
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