Cloud Infrastructure
CoreWeave
A specialized AI cloud infrastructure provider that builds and operates large-scale GPU data centers, positioning itself as a dedicated AI cloud and competing directly with traditional hyperscalers for AI compute contracts. NVIDIA has invested $2 billion in CoreWeave as part of a plan to build more than 5 gigawatts of AI infrastructure by 2030, and CoreWeave guided to $31-35 billion in 2026 capital expenditure alongside a record $99.4 billion revenue backlog.
Leading Indicators
Hiring and patent filing trends — the underlying numbers Momentum is computed from. Insider filing activity is tracked separately under Sources below.
Hiring signal
+10 since last check
Job board · as of Jul 27, 2026
Additional Intelligence Signals
Patent citation lineage, earnings-call mentions, and federal contract disclosures — automatically collected, not yet visible anywhere else on the site.
Sources
Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.
Evidence
5 sources · 79% avg. source confidence
- Yahoo Finance — CoreWeave secures $99 billion backlog with NVIDIA, Meta, Microsoft and OpenAI74% source confidence
- NVIDIA / CoreWeave joint press release (SEC filing) — NVIDIA invests $2 billion in CoreWeave, deepens AI infrastructure partnership92% source confidence
- CoreWeave, Inc., official investor relations — CoreWeave guides to $31-35 billion in 2026 capital expenditure88% source confidence
- Yahoo Finance / Bloomberg — CoreWeave launches $2.6B GPU loan as data-center activation becomes an execution test60% source confidence
- CoreWeave, Inc., official investor relations — Meta expands CoreWeave commitment to $35 billion through 203282% source confidence
Insider Filing Activity
Direction/size reflects a sample of the most recent filings, not every Form 4 in the window · sourced from SEC EDGAR · as of Jul 28, 2026
Insider Timing
An insider disposed of 107,692 shares on Jul 21, 2026 — 3 days before a recorded milestone: “Meta expands CoreWeave deal to $35B through 2032”
Timing correlation only — not evidence of a causal link
An insider disposed of 3,919 shares on Jul 21, 2026 — 3 days before a recorded milestone: “Meta expands CoreWeave deal to $35B through 2032”
Timing correlation only — not evidence of a causal link
An insider disposed of 33,288 shares on Jul 21, 2026 — 3 days before a recorded milestone: “Meta expands CoreWeave deal to $35B through 2032”
Timing correlation only — not evidence of a causal link
Dependency Map
What CoreWeave depends on below, and who depends on CoreWeave above — click any node to make it the new center, 5 levels deep.
Connection type
Click any node to make it the new center. Scroll to zoom, drag to pan.
The Story So Far (last 6 months)
Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.
Market Intelligence
UnverifiedCredibly-reported claims — analyst notes, sourcing citing “people familiar with the matter,” deals where the companies involved declined to comment — that haven't been officially confirmed. Kept structurally separate from the sourced evidence above; treat as a lead worth researching further, not an established fact.
Reportedly seeking $8.5 billion loan backed by Meta contract
48% confidenceCoreWeave was reported to be seeking roughly $8.5 billion from a group of banks including Morgan Stanley and MUFG for a delayed-draw term loan to fund data-center capacity, with the facility said to be backed by Meta's contract commitments to CoreWeave.
Reported by Bloomberg citing people familiar with the matter; the loan had not been finalized at the time of reporting and terms remained subject to negotiation.
Bloomberg · Feb 24, 2026
CoreWeave's Timeline
A sourced, dated history of CoreWeave's key moments — founding to present.
Jan 2026 · $99 billion backlog, NVIDIA invests $2B
CoreWeave secured a record $99.4 billion revenue backlog with NVIDIA, Meta, Microsoft and OpenAI, and NVIDIA invested $2 billion directly in the company.
Jul 2026 · Launches $2.6B GPU loan amid power-buildout execution test
CoreWeave launched a $2.6 billion term loan to fund additional GPU purchases and is exploring financial derivatives to hedge memory-chip price risk on long-term supply contracts, as it works to grow active power from roughly 1GW to a targeted 1.7GW by year-end 2026; Q2 2026 revenue rose 112% year-over-year to $2.1 billion, but interest expense more than doubled to $536 million and net loss widened to $740 million.
Jul 2026 · Meta expands CoreWeave deal to $35B through 2032
Meta agreed to spend a further $21 billion renting AI compute from CoreWeave from 2027 through 2032, on top of the original $14.2 billion September 2025 agreement, bringing Meta's total potential CoreWeave commitment to $35 billion and covering some of the first Vera Rubin NVL72 deployments; CoreWeave shares nonetheless fell as investors focused on Meta's own move to resell excess AI compute capacity as a competing offering.
How These Connections Evolved
How a relationship changed over time, not just its current state — sourced, dated, and traceable.
CoreWeave ↔ NVIDIA
2025–2026
CoreWeave secured early allocations of NVIDIA's latest GPU generations, including Blackwell, to support a growing AI infrastructure backlog exceeding $99 billion.
Now
CoreWeave's entire infrastructure buildout depends on securing large allocations of NVIDIA's latest GPU generations, including early access to new architectures.
CoreWeave ↔ AI Data Centers
Dec 2025
CoreWeave grew to 43 data centers with 850MW+ of active power by the end of 2025, contracting nearly 2GW of additional power during the year for total contracted capacity of 3.1GW+, most coming online by 2027.
Feb 2026
CoreWeave guided to $30-35 billion of 2026 capex aimed at doubling active power capacity past 1.7GW, targeting $12-13 billion revenue and a long-term goal of 8GW+ total active power by 2030.
Now
CoreWeave depends on large-scale data center capacity, power and land to deploy and operate its GPU infrastructure.
CoreWeave ↔ AI Data Centers
2025–2026
CoreWeave scaled its AI data center footprint substantially, backed by a growing backlog of long-term hyperscaler and AI-lab contracts.
Now
CoreWeave builds and operates AI data centers as its core business, using this infrastructure category directly.