CoreWeave, Inc. (CRWV)
CoreWeave, Meta Strike $21 Billion for AI Computing | Bloomberg Tech 4/9/2026
Bloomberg's Caroline Hyde and Ed Ludlow discuss CoreWeave's $21 billion deal to provide compute for Meta. Plus, Meta releases a new AI model that is more competitive with rivals.
CoreWeave: Time To Load Up
CoreWeave, Inc. has entered a $21B, multi-year deal with Meta Platforms, confirming accelerating, committed AI infrastructure demand. CRWV has de-risked its balance sheet by securing $3B in convertible senior notes, signaling strong capital market access. Take-or-pay contracts and a $70B+ backlog provide high revenue visibility and support aggressive capacity expansion.
CoreWeave Advances 4% as Meta Commits $21 Billion Through 2032: The AI Cloud King Is Stacking Contracts
Some tech stocks are struggling today, particularly in the software sector. However, CoreWeave (NASDAQ:CRWV) stock is bucking the trend with help from Meta Platforms (NASDAQ:META | META Price Prediction).
CoreWeave expands long-term AI cloud contract with Meta Platforms
CoreWeave (NASDAQ:CRWV) on Thursday announced an expanded agreement with Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) to provide AI cloud capacity through December 2032. The deal, valued at approximately $21 billion, continues the companies' existing relationship and supports Meta's development and deployment of AI technologies.
CoreWeave Doubles Down on Meta, Data Center Partnership
CoreWeave Inc (NASDAQ:CRWV) stock is down 0.5% to trade at $88.46, even after the AI infrastructure maven announced an expanded $21 billion cloud deal with Meta Platforms (META).
CoreWeave Stock Looks to Extend Gains on Expanded Meta Data Center Deal
A multibillion-dollar commitment from a Magnificent Seven company is lifting shares of CoreWeave this morning.
CoreWeave's stock dips as the hype around new Meta deal quickly subsides
Wall Street has various questions about CoreWeave's new Meta deal and the company's financing plans.
CoreWeave Expands AI Cloud Infrastructure Deal With Meta for $21 Billion
CoreWeave expanded its long-term agreement with Meta Platforms, providing the company with artificial-intelligence cloud capacity through December 2032 for about $21 billion.
CoreWeave signs $21 billion AI cloud deal with Meta
CoreWeave said on Thursday it has entered into an expanded agreement to provide Meta Platforms with $21 billion in cloud capacity, as the social media giant scales its infrastructure to support increasingly complex AI workloads.
CoreWeave: Slew Of Positive Updates (Rating Upgrade)
CoreWeave offers direct AI infrastructure exposure, with recent volatility presenting an attractive long-term entry point as fundamentals strengthen and valuation improves. CRWV's operational momentum is evident: active power grew to 850+ MW, 43 data centers are online, and revenue backlog reached $66.8 billion, supporting multi-year visibility. Investment-grade debt financing and strategic customer wins enhance CRWV's competitive positioning and access to low-cost capital for continued expansion.
This Nvidia-backed stock just got a Wall Street price target update for next 12 months
Even before the latest stock market upswing that has taken effect in the extended session leading to April 8, CoreWeave (NASDAQ: CRWV) stock has been outperforming most of the technology sector.
This Nvidia-backed stock is down 42% this year: should you buy?
CoreWeave stock (NASDAQ: CRWV) has become one of the more closely watched trades in the AI boom. The company sits in a sweet spot of the market, renting out access to Nvidia-powered computing infrastructure as demand for AI training and inference keeps rising.
