CoreWeave and Meta Announce $21 Billion Expanded AI Infrastructure Agreement

Summary

CoreWeave, Inc. has entered into a new order form with Meta Platforms, Inc. under their existing Master Services Agreement, committing to provide AI cloud capacity through December 2032 for approximately $21 billion. This agreement reflects the industry's growing demand for high-performance infrastructure to support large-scale AI workloads. The dedicated capacity will be deployed across multiple locations, including initial deployments of the NVIDIA Vera Rubin platform, designed to optimize performance, resilience, and scalability for Meta's AI operations.