CoreWeave and Meta Strike $21 Billion AI Cloud Deal

CoreWeave has announced an expanded, long-term agreement with Meta to provide AI cloud capacity through December 2032 for approximately $21 billion. With this deal, the two companies are continuing their existing relationship, increasing support for Meta’s development and deployment of AI.     

The dedicated capacity will be deployed across multiple locations and will include some of the initial deployments of the NVIDIA Vera Rubin platform. This distributed approach is designed to optimize performance, resilience, and scalability for Meta’s AI operations. 

The new agreement is a clear signal of the industry’s  accelerating demand for high-performance infrastructure capable of supporting increasingly complex, large-scale AI workloads.

“This is another example that leading companies are choosing CoreWeave’s AI cloud  to run their most demanding workloads,” said Michael Intrator, Co-founder, CEO, Chairman of CoreWeave. 

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