Meta Platforms has signed a long-term agreement with CoreWeave to secure AI cloud capacity through 2032. The multi-billion dollar deal will integrate NVIDIA's next-generation Vera Rubin platform to scale Meta's AI operations.
- Total contract value estimated at $21 billion
- Service agreement runs through December 2032
- Integration of NVIDIA's Vera Rubin platform
- Distributed deployment strategy for enhanced scalability
- Positive pre-market price action for both CRWV and META
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