Meta, CoreWeave Shares Rise After Expanding $21 Billion AI Cloud Deal
In brief Meta expanded its AI cloud agreement with CoreWeave, now valued at $21 billion. The deal runs through December 2032 and supports Meta’s AI inference workloads. The infrastructure rollout will include early deployments of Nvidia’s Vera Rubin platform. Meta and CoreWeave have expanded a long-term artificial intelligence infrastructure agreement worth about $21 billion, extending…