🇺🇸CoreWeave closed a $2.6 billion, roughly five-year delayed-draw term loan for contracted high-performance-computing deployments.

CoreWeave announced the closing of a $2.6 billion delayed-draw term-loan financing. A delayed-draw structure allows borrowing under the facility according to its agreed draw conditions rather than requiring all proceeds to be funded at announcement.

The financing has a term of approximately five years. The supplied source did not disclose the interest rate, lenders, collateral package, draw schedule, or other borrowing conditions.

CoreWeave said it would use the proceeds to purchase and deploy high-performance-computing infrastructure dedicated to customer contracts. The company described the financing as supporting the continued expansion of its AI cloud platform and committed customer deployments.