CoreWeave has signed an agreement to provide Meta Platforms with up to $14.2 billion of artificial intelligence cloud infrastructure through 14 December 2031, with an option for Meta to materially expand its commitment into 2032, according to a US Securities and Exchange Commission filing reported by Reuters.

Bloomberg said CoreWeave will provide Meta access to Nvidia’s latest GB300 systems. “They loved our infrastructure in earlier contracts and came back for more,” CoreWeave co‑founder and chief executive officer Michael Intrator told Bloomberg. Meta did not provide comment to Bloomberg.

CoreWeave framed the pact as evidence of the role of specialist providers. “The agreement underscores that behind every AI breakthrough are the partnerships that make it possible,” the company said in a statement, cited by CNBC and the Wall Street Journal. Data Center Dynamics noted the Meta contract joins CoreWeave’s customer roster that includes Microsoft, Nvidia and OpenAI.

The deal extends a run of large commitments to CoreWeave. Last week, the company expanded a previous agreement with OpenAI by up to $6.5 billion, taking the total value to $22.4 billion, according to company materials referenced by CNBC and DCD.

The Wall Street Journal also reported a newly disclosed arrangement under which Nvidia would purchase up to $6.3 billion of CoreWeave’s unsold compute capacity through to 2032.
Reuters reported that analysts have raised concerns about “circular” financing across the AI infrastructure ecosystem, as chip suppliers, cloud providers and major technology firms strike multi‑billion‑dollar, interlinked agreements, though demand is broadening beyond the largest platforms.

For Meta, the CoreWeave arrangement complements extensive internal and external compute investments. Data Center Dynamics reported Meta is developing multi‑gigawatt data centre campuses and has forecast 2025 capital expenditure of $66 billion to $72 billion, with spending expected to ramp significantly in 2026. CNBC said Meta expects total 2025 expenses of $114 billion to $118 billion, with AI initiatives contributing to higher year‑over‑year expense growth in 2026.

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