Meta Platforms Amplifies AI Infrastructure Investment Through 2032 with a $21B CoreWeave Deal
CoreWeave announced on April 9, 2026, an expanded long-term agreement with Meta Platforms valued at approximately $21 billion, extending their partnership through December 2032. This monumental deal escalates the total committed value between the two companies to a staggering $35 billion, making it one of the largest AI infrastructure agreements in history.
The agreement aims to provide AI cloud capacity to Meta from multiple data centers, powered by NVIDIA’s advanced Vera Rubin platform. This robust infrastructure will bolster Meta’s ambitious artificial intelligence development efforts, particularly for AI inference workloads that serve billions of users across Facebook, Instagram, and WhatsApp.
The partnership underscores Meta’s strategy to secure essential computing resources amid fierce competition in the AI sector. CEO Mark Zuckerberg has pledged to invest $65 billion on AI infrastructure in 2026 alone, and the CoreWeave deal signifies a strategic safeguard against potential capacity constraints at Meta’s owned data centers.
Following the announcement, CoreWeave’s shares saw an approximate 7% increase in premarket trading, while Meta shares gained 2.6%. The deal also aids CoreWeave in diversifying its customer base, reducing reliance on Microsoft, which previously accounted for 62% of its 2024 revenue. With this expansion, no single customer will represent more than 35% of CoreWeave’s total sales.