CoreWeave (CRWV) announced an expanded, long-term agreement with Meta Platforms (META) to provide AI cloud capacity through December 2032 for approximately $21B. With this deal, the two companies are continuing their existing relationship, increasing support for Meta’s development and deployment of AI. The dedicated capacity will be deployed across multiple locations and will include some of the initial deployments of the NVIDIA Vera Rubin platform. This distributed approach is designed to optimize performance, resilience, and scalability for Meta’s AI operations.
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