CoreWeave's stock surges 24% following a landmark $21 billion deal to provide AI cloud infrastructure to Meta through 2032.

CoreWeave secured a long-term agreement with Meta worth approximately $21 billion to supply AI cloud capacity through December 2032

The company also announced a new multi-year cloud infrastructure deal with Anthropic to support its AI model development

CoreWeave is issuing multi-billion-dollar bond and convertible note offerings to fund expansion of its data center infrastructure

These contracts position CoreWeave as a critical infrastructure provider for major AI model developers and their computational needs