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Add as a preferred source on GoogleCoreWeave Posts $3.66 Billion in Third-Quarter Revenue, Plans Loan of at Least $4 Billion
CoreWeave expects $9 billion in customer prepayments and deposits over the coming months.
CoreWeave is seeking at least $4 billion in investment-grade borrowing as it expands its data-center capacity. The financing is proposed and has not closed.
The loan could strengthen the AI cloud provider's financial position while avoiding high-yield debt. CoreWeave posted $3.66 billion in third-quarter revenue and expects customer prepayments and deposits to total $9 billion in coming months.
CoreWeave had about $35 billion in debt as of June 30, 2026.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.