Meta committed to pay CoreWeave up to about $14.2 billion through 2031 for cloud capacity, CoreWeave said on Sep 30, 2025

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

CoreWeave (Nasdaq: CRWV) said in an 8-K filed Sep 30, 2025 that it and Meta Platforms entered into a new order form on Sep 25, 2025, under a master services agreement dated Dec 10, 2023. An 8-K is the current report a US-listed company files after a material event; this one was filed under item 1.01, entry into a material definitive agreement. Under the order form, Meta initially committed to pay CoreWeave up to approximately $14.2 billion through Dec 14, 2031, subject to the termination provisions the filing describes and to delivery and availability-of-service requirements. Meta also held an option to expand that commitment materially through 2032 for additional cloud computing capacity.1^,2^,3^,4^,5

Under the agreement, CoreWeave said, it provided Meta access to cloud computing capacity by filling reserved capacity orders that Meta submitted. The filing said the master services agreement would remain in place until all orders under it had expired or been terminated, or until it was terminated under its own terms, and that either party could terminate it, or any order under it, for cause. CoreWeave said that, as a result of the order form, it had determined the 2023 master services agreement was a material agreement within the meaning of item 1.01.6^,7^,8^,3

The Meta order form was one of several that CoreWeave reported that month. An 8-K filed Sep 15, 2025 reported an NVIDIA order form dated Sep 9, 2025, under which NVIDIA was obligated to purchase residual unsold capacity through Apr 13, 2032; the filing's description of that order form gave an initial figure of $6.3 billion. One filed Sep 25, 2025 reported an OpenAI order form dated Sep 23, 2025, under which OpenAI committed to pay up to approximately $6.5 billion through May 31, 2031.2^,9^,10^,11^,12^,13^,14

For scale, CoreWeave later reported revenue of $5.13 billion for the year ended Dec 31, 2025; the Meta figure was a commitment through 2031 that depended on the conditions the filing describes.15^,5

The 8-K filed the master services agreement as Exhibit 10.1, with portions omitted under SEC rules, and this account rests on the 8-K's own text rather than on that exhibit.16^,17