Meta and CoreWeave have expanded a long-term artificial intelligence infrastructure agreement worth about $21 billion, extending their partnership through December 2032. Both companies have seen their shares rise Thursday following the announcement.
“This is another example that leading companies are choosing CoreWeave’s AI cloud to run their most demanding workloads,” CoreWeave co-founder, CEO, and Chairman Michael Intrator said in a statement.
The agreement gives Meta access to AI cloud capacity from CoreWeave to support the development and deployment of its AI systems, including inference workloads that run trained models at scale.
The infrastructure will be deployed across multiple locations and will include some of the first deployments of Nvidia’s Vera Rubin platform. CoreWeave said the distributed deployment is intended to optimize performance, resilience, and scalability for Meta’s AI systems, and reflects rising demand for infrastructure capable of supporting large-scale AI workloads.
Meta has also outlined a new Advanced AI Scaling Framework that expands how it evaluates risks and tests its most capable models before deployment.
