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Meta commits $21 billion to CoreWeave for AI cloud capacity through 2032 as it scales up artificial intelligence infrastructure.

Yahoo Finance AIApr 10, 20261 min read
Meta commits $21 billion to CoreWeave for AI cloud capacity through 2032 as it scales up artificial intelligence infrastructure.

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3 Key Points

  1. Meta and CoreWeave announced an expanded partnership on April 9 with Meta investing approximately $21 billion for dedicated AI cloud capacity

  2. The deal extends through December 2032, providing Meta with rented computing resources to support its aggressive AI development plans

  3. Meta is outsourcing cloud capacity to CoreWeave rather than waiting for its own data centers to be built and operational

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