CoreWeave Inks $14 Billion Meta Deal, Highlighting AI Demand
September 30, 2025 at 12:30 PM UTCUpdated on September 30, 2025 at 12:34 PM UTCCoreWeave Inc. has signed a deal to supply Meta Platforms Inc. with as much as $14.2 billion worth of computing power, underscoring the massive costs of developing and running advanced AI models.“They loved our infrastructure in earlier contracts and came back for more,” Chief Executive Officer Michael Intrator said in an interview. As part of the agreement, CoreWeave will provide the social media giant access to Nvid...
Read more at bloomberg.com