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Meta commits $21 billion to CoreWeave for AI cloud infrastructure through 2032 to power its expanding AI features.

Yahoo Finance AIApr 9, 20261 min read
Meta commits $21 billion to CoreWeave for AI cloud infrastructure through 2032 to power its expanding AI features.

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3 Key Points

  1. Meta signed a multi-year deal with CoreWeave valued at approximately $21 billion, extending through 2032

  2. The agreement secures dedicated access to advanced compute capacity needed for Meta's AI features across its platforms

  3. Move follows Meta's launch of Muse Spark AI model and participation in the Shared AI License Foundation

  4. Meta stock trading around $612.42 per share has experienced 6.6% recent movement

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