CoreWeave and Meta expand deal to about $21 billion through December 2032

CoreWeave agreed to provide AI cloud capacity to Meta through December 2032 for approximately $21 billion, expanding an existing relationship. The capacity will be deployed across several locations and includes some of the first Nvidia Vera Rubin systems. CoreWeave's first-quarter release says the new commitment was signed in March, which makes Meta one of its largest customers.

• About $21 billion of AI cloud capacity through December 2032
• Expands an existing agreement with Meta
• Includes some of the initial deployments of Nvidia Vera Rubin
• Capacity to be deployed across multiple locations