CoreWeave Seeks $8.5 Billion Loan From Banks Backed by Meta Deal

CoreWeave is seeking an $8.5 billion loan from major banks, including Morgan Stanley and Mitsubishi UFJ Financial Group, to expand its cloud infrastructure. The financing will primarily support a large-scale cloud computing buildout for Meta Platforms, solidifying their partnership in AI and data center capacity. The deal, reported in February 2026, reflects growing demand for specialized cloud infrastructure to power AI workloads and next-generation computing. CoreWeave’s aggressive expansion aligns with Meta’s push for advanced AI training and deployment, requiring massive computational resources. This loan underscores the financial scale of AI-driven cloud infrastructure, with banks backing high-stakes tech investments amid intensifying industry competition.