In nuclear power systems, centrifugal pumps often need to operate under extreme conditions. However, accurately determining the cavitation status of centrifugal pumps under such extreme conditions is challenging. To improve the recognition accuracy of the three statuses of non-cavitation, incipient cavitation, and severe cavitation while improving the anti-interference capability of the monitoring system, this study extracted cavitation features from centrifugal pumps’ motor current and vibration signals under three different operational conditions. It fused the features using feature-level multi-source information fusion (MSIF) based on the backpropagation neural network (BPNN) or support vector machine (SVM) to construct a cavitation status recognition model and analyzed the results to compare with those of recognition without information fusion. The results show that, compared with one signal source, MSIF can significantly improve the recognition accuracy of cavitation statuses. Combined current and pump casing axial monitoring based on the BPNN is the optimal scheme, with an overall recognition accuracy of 97.3% for all operational conditions, compared to 73.9% for the single current signal and 89.3% for the single casing axial vibration signal. These research results can guide the monitoring of cavitation statuses in practical engineering, as well as timely intervention at incipient cavitations to reduce structural damage to centrifugal pumps and prolong service life.