CoreWeave (NASDAQ:CRWV), a specialized provider of high-performance cloud infrastructure for artificial intelligence, announced on April 9, 2026, a transformative long-term agreement with Meta Platforms (NASDAQ:META).
The deal, valued at approximately $21 billion, secures dedicated AI cloud capacity for Meta through December 2032 and represents a significant expansion of the existing partnership between the two companies.
The agreement underscores the intensifying demand for the specialized hardware and infrastructure required to train and deploy next-generation large-scale AI models.
Under the terms of the contract, CoreWeave will deploy dedicated capacity across multiple geographic locations.
This distributed infrastructure strategy is designed to maximize operational resilience and provide the low-latency scalability necessary for Meta’s increasingly complex AI workloads.
Notably, the deployment will include some of the industry’s first implementations of the NVIDIA Vera Rubin platform.
By integrating NVIDIA’s latest high-performance computing architecture, the partnership aims to provide Meta with the foundational power needed to advance its generative AI capabilities and metaverse ambitions.
For Meta, the deal provides a guaranteed, long-term supply of compute power at a time when global demand for high-end GPUs continues to outstrip availability.
The partnership allows Meta to augment its internal data center capacity with CoreWeave’s specialized cloud, ensuring the company can maintain its pace of innovation in a competitive AI landscape.