Meta, CoreWeave lock in $21B agreement to power AI ambitions with NVIDIA’s next-gen chips.

Meta has signed a roughly $21 billion agreement with CoreWeave, expanding an existing partnership and reinforcing the growing need for scalable AI infrastructure.

The deal builds on a prior arrangement worth up to $14.2 billion and will see CoreWeave provide dedicated cloud capacity to Meta through 2032, supporting its expanding AI ambitions.

The deployment will span multiple data centers and include early use of NVIDIA’s Vera Rubin platform, a next-generation AI architecture designed to deliver greater efficiency, reliability, and scale.

The system is expected to accelerate the shift from traditional generative AI toward more advanced “agentic AI,” where models can act more independently to complete tasks.

A key pillar of the agreement is inference capacity, highlighting the industry’s transition from training AI models to continuously running them in real-world applications.

CoreWeave CEO Michael Intrator said the partnership reflects increasing demand from major tech companies for high-performance AI cloud infrastructure to handle complex workloads.

The deal also underscores a broader trend of large firms securing long-term compute resources as AI becomes central to their operations.

CoreWeave shares rose around 3% in pre-market trading following the announcement.

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