Meta's $21B AI infrastructure CoreWeave play

Meta has entered a massive $21 billion agreement with cloud computing company CoreWeave to secure AI infrastructure through 2032.

The long-term deal will give Meta early access to NVIDIA’s upcoming Vera Rubin superchips, designed to power the next wave of artificial intelligence systems.

CoreWeave, which began as a cryptocurrency mining operation, has rapidly evolved into a major AI infrastructure provider, now boasting a total of $35 billion in contracts with Meta alone.