Meta commits $21B more to CoreWeave AI infrastructure

Meta Platforms is investing an additional $21 billion in CoreWeave's AI cloud infrastructure, expanding a partnership that began in 2023. The new deal runs from 2027 to 2032, following an earlier $14.2 billion agreement. Meta needs CoreWeave's vast Nvidia GPU-powered data centers to meet surging demand for its AI services. The investment supports Meta's ambitious AI agenda, including its newly launched Muse Spark model and Superintelligence Labs unit. Meta plans to spend up to $135 billion on AI infrastructure in 2025. CoreWeave also announced $3 billion in new debt to fund further data center expansion.