Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion deal - Reuters
Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion deal Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"This is another example that leading companies are choosing CoreWeave’s AI cloud to run their most demanding workloads."
— Michael Intrator , Executive
Locations
All Coverage
<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> <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.
Similar Stories
Related coverage based on topic and tags
Marvell raises 2028 revenue forecast on strong AI data center demand - Reuters
Marvell raises 2028 revenue forecast on strong AI data center demand Reuters
October 6, 2026 at 02:50 PMApplied Digital's revenue soars, loss widens on growing AI investments - Reuters
Applied Digital's revenue soars, loss widens on growing AI investments Reuters
October 7, 2026 at 09:23 PMCompanies cutting jobs as investments shift toward AI - Reuters
Companies cutting jobs as investments shift toward AI Reuters
October 7, 2026 at 05:24 AMMicrosoft brings more AI to PCs as it challenges Apple - Reuters
Microsoft brings more AI to PCs as it challenges Apple Reuters
October 7, 2026 at 07:21 PMGoogle Cloud introduces Gemini agent for work as AI race heats up - Reuters
Google Cloud introduces Gemini agent for work as AI race heats up Reuters
October 8, 2026 at 03:11 PMOpenAI's annualized revenue $20 billion less than previously signaled, FT reports - Reuters
OpenAI's annualized revenue $20 billion less than previously signaled, FT reports Reuters
October 8, 2026 at 09:19 PM