CoreWeave signs expanded AI cloud agreement with Meta worth about $21B through 2032
CoreWeave and Meta announced on April 9, 2026 an expanded long-term agreement under which CoreWeave provides AI cloud capacity to Meta for about $21 billion, running through December 2032. Meta will use it to scale inference workloads, and the capacity includes some of the first deployments of NVIDIA's Vera Rubin platform across several sites. The release does not disclose pricing or payment terms, which CoreWeave points to in its SEC filing.
- Contract value about $21 billion, term through December 2032
- Purpose: scale Meta's inference workloads
- Includes early NVIDIA Vera Rubin deployments
- Pricing and payment terms not in the release
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Source
CoreWeave Investor RelationsApr 9, 2026