CoreWeave, a former crypto mining company, secures a massive $21 billion deal with Meta to provide AI cloud computing services through 2032.

Yahoo Finance AIApr 9, 20261 min read

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3 Key Points

CoreWeave (Nasdaq: CRWV) announced the agreement with Meta Platforms (Nasdaq: META) on April 9
The deal is valued at approximately $21 billion and extends through December 2032
This builds on an existing relationship, with CoreWeave having previously signed a $14 billion agreement with Meta
CoreWeave transitioned from cryptocurrency mining to providing AI infrastructure and cloud capacity services

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