CoreWeave Seeks $8.5 Billion for Cloud Expansion with Meta

CoreWeave is reportedly aiming to secure approximately $8.5 billion in funding from banks to enhance its cloud computing infrastructure for Meta. Bloomberg posted on X, highlighting that this financial move is part of CoreWeave's strategy to expand its capabilities in the cloud computing sector. The funds are intended to support the company's efforts in meeting the growing demand for cloud services, particularly in collaboration with Meta. This development underscores the increasing investment in cloud technology as companies like CoreWeave and Meta seek to bolster their digital infrastructure.