CoreWeave ( CRWV ) and Meta ( META ) have expanded their existing partnership, originally valued at up to $14.2 billion, with a new deal worth about $21 billion.
As part of the agreement, CoreWeave will provide dedicated cloud capacity to Meta until 2032, helping to drive the development and deployment of its AI technologies.
The infrastructure will span multiple locations and feature early implementations of NVIDIA’s ( NVDA ) Vera Rubin platform aimed at increasing efficiency, reliability and scale.
The NVIDIA Vera Rubin platform is the next-generation AI supercomputer architecture that is expected to mark a massive shift from simple “Generative AI” to “Agentic AI,” whereby AI becomes more proactive in taking steps toward its goals rather than relying on human prompting.
A key focus of the CoreWeave-Meta agreement is inference, which reflects the industry’s shift toward running AI systems continuously rather than simply training them.
“This is yet another example of leading enterprises 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 computing resources to support AI-powered services. Shares of CoreWeave rose 3% in pre-market trading Thursday.
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