CoreWeave and Meta announce a $21 billion expansion of artificial intelligence infrastructure agreement.

CoreWeave announced today that it has reached an expanded long-term agreement with Meta, expected to provide approximately $21 billion in AI cloud capacity, with a term lasting until December 2032. Through this deal, the two companies will continue to maintain their existing partnership, further enhancing support for Meta's AI development and deployment. Dedicated capacity will be deployed at multiple locations, including initial deployments on the NVIDIA Vera Rubin platform. This distributed approach aims to optimize the performance, resilience, and scalability of Meta's artificial intelligence operations. This new agreement clearly reflects the accelerating demand in the industry for high-performance infrastructure capable of supporting increasingly complex, large-scale AI workloads.