04:52 AM EDT, 05/07/2025 (MT Newswires) -- CoreWeave ( CRWV ) said Tuesday that it entered into an agreement with a group of banks to increase its revolving credit facility to $1.5 billion from $650 million and extend the maturity date.

The company said it plans to use the proceeds to enhance its financial flexibility and grow its AI cloud infrastructure platform globally.

CoreWeave's ( CRWV ) share price rose more than 2% in recent premarket activity on Wednesday.

Price: 55.79, Change: +1.50, Percent Change: +2.75