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CoreWeave Signs $14.2B AI Cloud Deal with Meta 

CoreWeave Signs $14.2B AI Cloud Deal with Meta 

CoreWeave has agreed to provide up to $14.2 billion of AI computing power to Meta Platforms, according to a Form 8-K regulatory filing released today. The deal, which extends through December 14, 2031, includes an option for Meta to “materially expand its commitment through 2032” for additional cloud computing capacity. 

Under the agreement, CoreWeave will provide Meta with access to Nvidia’s latest GB300-class GPUs. The arrangement underscores Meta’s aggressive buildout of infrastructure to support its AI-driven initiatives, ranging from generative AI models to recommendation engines powering its social platforms. 

This pact follows a series of major customer wins for CoreWeave. Earlier this month, the company expanded its agreement with OpenAI by up to $6.5 billion, bringing the total contract value with Microsoft-backed OpenAI to approximately $22.4 billion. Microsoft had previously been CoreWeave’s largest customer, but the new Meta deal further diversifies its client base. 

The scale of the Meta contract highlights the broader arms race among hyperscalers and AI-first platforms to secure reliable, long-term access to scarce high-end GPU capacity. With Nvidia supply still constrained, partnerships like this ensure that companies such as Meta can sustain model training and inference at scale while also providing CoreWeave with multi-year contracted revenue visibility. 

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CoreWeave Form 8-K

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.