CoreWeave (CRWV) and Meta (META) have expanded their existing partnership, originally valued at up to $14.2 billion, with a new deal worth approximately $21 billion.
As part of the agreement, CoreWeave will supply Meta with dedicated cloud capacity through 2032 to power the development and deployment of Meta’s AI technology.
The infrastructure spans multiple locations and features an initial deployment of the NVIDIA (NVDA) Vera Rubin platform for improved efficiency, reliability, and scale.
The NVIDIA Vera Rubin platform is a next-generation AI supercomputing architecture that is expected to mark a large-scale transition from simple “generative AI” to “agent AI.” This allows the AI to more proactively take steps toward a goal rather than relying on human prompts.
The core focus of the CoreWeave-Meta agreement is inference, reflecting the industry’s shift toward not just training AI systems, but running them continuously.
“This is another example of leading enterprises choosing CoreWeave’s AI Cloud to run their most demanding workloads,” said CEO Michael Intrator.
The deal shows that major technology companies are increasingly securing long-term computing resources to support AI-driven services. Coreweave stock rose 3% in premarket trading Thursday.
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