CoreWeave raises $1 billion in bonds for AI infrastructure expansion

CoreWeave, a cloud computing company, sold $1 billion in bonds at the end of April 2026, just one week after raising $1.75 billion through a similar sale. The company has now borrowed around $16 billion in total since May 2025 to build infrastructure for artificial intelligence. CoreWeave has large contracts to supply cloud computing capacity to Meta, worth more than $35 billion combined. Meta also announced it plans to spend up to $145 billion this year on AI projects, which is higher than its earlier forecast. However, Meta's share price fell by 7% after that announcement, suggesting some investors are worried the spending will not produce enough profit. European investors showed strong appetite for CoreWeave's euro bonds, placing orders worth over €7 billion.