Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion deal - Reuters

<a href="https://news.google.com/rss/articles/CBMimwFBVV95cUxPTllDZkRPeFVaT0V2S2I2bVVyVURKaXFKWExaY2pTNUJhTWUtYzlaZ1cwYzdFdUtDaFJQOFJVcnA2d1kycW1zd2RyX1Y2amNFOTdsS3ZWRW5CQXB1OHl3dHVlMHhrcFBqdzNndVpDSGZLYlh0Q19QQUhVelN0cF9IYURHbEVNdGRWOVoyc0Q2cHV3QWZTWEd2bFJtWQ?oc=5" target="_blank">Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion deal</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

CoreWeave has entered into an expanded agreement to provide Meta Platforms with $21 billion in cloud capacity, supporting Meta's AI infrastructure needs.

CoreWeave has announced a long-term agreement with Meta Platforms, Inc. valued at approximately $21 billion to provide AI cloud capacity through December 2032.

CoreWeave shares rose 3% after the company announced a $21 billion expanded agreement with Meta Platforms to provide AI cloud capacity through December 2032.

CoreWeave has entered into an expanded agreement with OpenAI worth up to $6.5 billion, bringing the total contract value to approximately $22.4 billion.

Shares of Nebius Group soared after the company said Meta Platforms Inc. agreed to spend as much as $27 billion over the next five years for access to AI infrastructure.