The deal secures access to Nvidia’s GB300 rack-scale system built on Blackwell chips and runs through December 2031, with an option to extend into 2032.
Meta has agreed to source $14.2 billion in AI infrastructure from CoreWeave, Bloomberg reported.
The deal secures access to Nvidia’s GB300 rack-scale system built on Blackwell chips and runs through December 2031, with an option to extend into 2032.
“They loved our infrastructure in earlier contracts and came back for more,” CoreWeave’s Chief Executive Officer Michael Intrator told Bloomberg in an interview. Intrator said gaining Meta as a customer helps with CoreWeave’s diversification.
“When we came out in the IPO, we got dinged because of our customer concentration,” he told Bloomberg.
CoreWeave, which provides cloud infrastructure for AI developers and high-performance computing, went public in March. Investors flagged its spending plans as aggressive, given its revenue base. In Q2 2025, Microsoft contributed 71% of CoreWeave’s revenue, making it the company’s largest customer.
CoreWeave stock rose 13% on Sept. 30, according to CNBC.
“The agreement underscores that behind every AI breakthrough are the partnerships that make it possible,” a CoreWeave representative said in a statement by email. “Customers choose CoreWeave for our purpose-built AI cloud, technical expertise, and execution, making us the trusted backbone for the world’s leading innovators and most ambitious projects.”
Meta did not immediately respond to requests for comment from Bloomberg.
CoreWeave last week struck a $6.5 billion deal with OpenAI to bolster cloud infrastructure, a move aimed at easing the company’s dependence on Microsoft.
“This milestone affirms the trust that world-leading innovators have in CoreWeave’s ability to power the most demanding inference and training workloads at an unmatched pace,” Intrator said in the press release about the OpenAI deal.
Meanwhile, some AI firms are building in-house infrastructure or striking partnerships. CoreWeave’s rivals include Nebius Group, Nscale Global Holdings, and Amazon EC2.
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