coindesk.com
CoreWeave (CRWV) and Meta (META) have broadened their existing partnership, originally valued at up to $14.2 billion, with a new agreement worth around $21 billion.
As part of the deal, CoreWeave will supply dedicated cloud capacity to Meta through 2032, helping power the development and rollout of its AI technologies.
The infrastructure will span multiple locations and feature early deployments of NVIDIA’s (NVDA) Vera Rubin platform, aimed at boosting efficiency, reliability, and scale.
The NVIDIA Vera Rubin platform is the next-generation AI supercomputing architecture is expected to mark a massive shift from simple "Generative AI" to "Agentic AI," whereby AI becomes more proactive in executing steps towards its goals rather than relying on human prompts.
A key focus of the CoreWeave-Meta agreement is inference, reflecting the industry’s shift toward running AI systems continuously rather than just training them.
“This is another example that leading companies are choosing CoreWeave’s AI cloud to run their most demanding workloads,” said CEO Michael Intrator.
The deal signals that large tech companies are increasingly securing long-term compute resources to support AI-driven services. Shares of CoreWeave rose 3% in pre-market trading on Thursday.
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