CoreWeave Inks $14.2 Billion Deal With Meta: Report

CoreWeave Inc. (CRWV) has reportedly secured a major deal with Meta Platforms Inc. (META) to provide high-powered computing resources worth up to $14.2 billion.

According to a Bloomberg report, CoreWeave will supply Meta with access to the latest Nvidia Corp. (NVDA) GB300 systems under the agreement, further solidifying Meta’s commitment to scaling its AI capabilities. 

CoreWeave stock traded over 8% higher in Tuesday’s premarket and was the top trending equity ticker on Stocktwits. Retail sentiment around the stock remained in ‘bullish’ territory amid ‘high’ message volume levels. 

Following the report, CoreWeave confirmed the same through a Securities and Exchange Commission filing (SEC). The company stated that it will deliver reserved computing capacity to Meta through the existing Master Services Agreement, established in December 2023. The deal gives Meta the option to increase its commitment through 2032.

The financial terms commit Meta to paying CoreWeave up to $14.2 billion through Dec. 14, 2031. The agreement may be further expanded depending on mutual agreement between the two companies.

According to the report, the Meta deal offers CoreWeave an opportunity to diversify its client base. Until now, Microsoft Corp. (MSFT) has been its dominant customer, accounting for 71% of its revenue during the second quarter of 2025. 

The agreement follows another sizable deal CoreWeave struck with OpenAI on September 25. The deal, valued at up to $6.5 billion, will support the training of OpenAI’s most advanced next-gen models. 

CoreWeave, which went public in March, has seen its valuation more than triple as demand for AI compute power intensifies across the tech sector.

Also See: Tamboran Resources Stock Soars 11% Pre-Market – Find Out More On Falcon Oil & Gas Acquisition

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