The $21 billion AI bet: Meta and CoreWeave ink deal for NVIDIA’s next-gen superchips
CoinDesk·2h ago·Neutral
What Happened
Meta and CoreWeave expanded their partnership to $21 billion, up from the original $14.2 billion valuation. CoreWeave will supply dedicated cloud capacity through 2032 to power Meta's AI development. The infrastructure will feature early deployments of NVIDIA's Vera Rubin supercomputing platform across multiple locations. The agreement emphasizes inference capabilities as companies increasingly secure long-term compute resources for continuous AI operations. CoreWeave shares rose 3% in pre-market trading.
Key Entities
MetaCoreWeaveNVIDIAVera Rubin platformMichael Intrator