Meta initially committed to pay CoreWeave about $21 billion for computing capacity through 2032

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 said it signed a new order form with Meta Platforms on Mar 31, 2026, under their existing master services agreement. Subject to any termination the filing describes and to delivery and availability-of-service requirements, Meta initially committed to pay CoreWeave approximately $21 billion, covering new computing capacity through Dec 20, 2032 and the exercise of an existing option for more capacity through Apr 10, 2032. CoreWeave's press release said Meta would use CoreWeave's AI cloud platform to scale inference workloads, with some of the first deployments of NVIDIA's Vera Rubin platform. The source is CoreWeave's 8-K, a US company's report of a material event, which furnishes a press release dated Apr 9, 2026.1^,2^,3^,4^,5^,6