Meta to pay cloud firm CoreWeave $21B to empower artificial intelligence operations
Meta to pay cloud firm CoreWeave $21B to empower artificial intelligence operations
Publish Date: 2026-04-09 11:51:00
Source Domain: www.aa.com.tr
- Meta Platforms has signed a $21 billion long-term deal with CoreWeave to expand its artificial intelligence infrastructure over the next six years.
- This partnership extends Meta’s existing relationship with CoreWeave through December 2032.
- CoreWeave will deploy dedicated cloud capacity across data centers to meet the rising industry demand for compute power for AI inference.
- CoreWeave’s solution includes some of the first industry installations of Nvidia’s next-generation Vera Rubin GPUs.
- The deal highlights the increasing need for high-performance infrastructure for rapidly evolving AI applications.
- This commitment supplements an earlier $14 billion deal from last year, as Meta seeks to acquire state-of-the-art GPUs for a planned total of $135 billion on AI scaling for 2026.
- CoreWeave aims to cement its position in the market as a supplier of specialized compute capacity for hyperscaling AI operations.
- CoreWeave plans to raise an additional $4.25 billion through debt offerings to fund its data center expansion in response to demand.