Meta locks in CoreWeave capacity

Meta has expanded its CoreWeave deal to about $21 billion in artificial intelligence cloud capacity through December 2032. (investors.coreweave.com) CoreWeave said on April 9 that the agreement extends an existing relationship and will supply dedicated capacity for Meta across multiple locations. The company said some of that build-out will include early deployments of NVIDIA’s Vera Rubin platform. (sec.gov) The service Meta is buying is not a generic public cloud contract. CoreWeave’s business is renting out specialized graphics processing unit clusters for training and running artificial intelligence models, and Meta said the new capacity will support inference workloads, the step where trained models answer prompts and generate outputs. (coreweave.com, investors.coreweave.com) Meta has been building a wider supplier base for that work in 2026. In February, Meta announced a multi-year agreement with Advanced Micro Devices for up to 6 gigawatts of Instinct graphics processing units and a separate long-term infrastructure partnership with NVIDIA for its artificial intelligence data centers. (about.fb.com, about.fb.com) That mix shows how large model builders are buying capacity years ahead instead of waiting for short-term availability. CoreWeave described the Meta contract as dedicated capacity, which means the hardware is being reserved for one customer rather than sold as spare compute on demand. (investors.coreweave.com, sec.gov) The relationship itself is not new. CoreWeave disclosed in a September 25, 2025 filing that Meta had entered a new order form under a December 10, 2023 master services agreement for reserved cloud computing capacity. (sec.gov) For CoreWeave, the Meta expansion adds another very large customer commitment as the company scales after going public. CoreWeave says its platform now spans more than 40 data centers with contracted power measured in gigawatts, and the company raised $2 billion from NVIDIA in a private placement in January. (coreweave.com, sec.gov) For Meta, the contract fits a longer push to redesign its infrastructure around artificial intelligence. The company said in 2024 that its next-generation infrastructure was being built to support generative artificial intelligence products, recommendation systems, and advanced research, and its 2026 supplier deals show that build-out is now being locked in with outside partners as well as internal systems. (about.fb.com, about.fb.com, about.fb.com)