The $21 billion AI bet: Meta and CoreWeave ink deal for NVIDIA’s next-gen superchips

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email The $21 billion AI bet: Meta and CoreWeave ink deal for NVIDIA’s next-gen superchips Long-term agreement between Meta and CoreWeave signals growing demand for scalable AI compute and inference capacity. By James Van Straten , AI Boost | Edited by Jamie Crawley Apr 9, 2026, 12:19 p.m. Make preferred on Meta CEO Mark Zuckerberg (Shutterstock) What to know : Meta locks in AI cloud capacity through 2032 to support ongoing AI deployment. CoreWeave strengthens its position in the fast-growing AI infrastructure market. CRWV shares rise 3% pre-market. CoreWeave (CRWV) and Meta (META) have broadened their existing partnership, originally valued at up to $14.2 billion , with a new agreement worth around $21 billion . As part of the deal, CoreWeave will supply dedicated cloud capacity to Meta through 2032, helping power the development and rollout of its AI technologies. The infrastructure will span multiple locations and feature early deployments of NVIDIA’s (NVDA) Vera Rubin platform, aimed at boosting efficiency, reliability, and scale. The NVIDIA Vera Rubin platform is the next-generation AI supercomputing architecture is expected to mark a massive shift from simple "Generative AI" to "Agentic AI," whereby AI becomes more proactive in executing steps towards its goals rather than relying on human prompts. A key focus of the CoreWeave-Meta agreement is inference, reflecting the industry’s shift toward running AI systems continuously rather than just training them. “This is another example that leading companies are choosing CoreWeave’s AI cloud to run their most demanding workloads,” said CEO Michael Intrator. The deal signals that large tech companies are increasingly securing long-term compute resources to support AI-driven services. Shares of CoreWeave rose 3% in pre-market trading on Thursday. Read More: Mark Zuckerberg's Meta is planning stablecoin comeback in the second half of this year Artificial Intelligence AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You Encryption Supremacy: Zcash and Privacy in the Age of Scale By CoinDesk Research Mar 31, 2026 Commissioned by GenZcash Most crypto privacy models weaken as blockchain data grows. Encryption-based models like Zcash strengthen. CoinDesk Research maps the five privacy approaches and examines the widening gap. Why it matters : As blockchain adoption scales, the metadata available to machine learning models scales with it. Obfuscation-based privacy approaches are structurally degrading as a result. This report provides a comprehensive comparison of all five major crypto privacy architectures and a framework for evaluating which models remain durable as AI capabilities improve. View Full Report More For You Tokenized perpetual swaps hit $31 billion weekly volume on commodities volatility By Francisco Rodrigues | Edited by Sheldon Reback 21 minutes ago Commodities led the growth, with oil trading reaching $6.9 billion in weekly volume after geopolitical tensions, while stock perpetual swaps grew 908% to roughly $4.9 billion. What to know : Trading in tokenized versions of traditional assets surged in the first quarter, with weekly volume jumping to $30.7 billion and accounting for 1.72% of the crypto derivatives market. Commodities led the growth, with oil trading reaching $6.9 billion in weekly volume after geopolitical tensions, while stock perpetual swaps grew 908%... Read full story Latest Crypto News Tokenized perpetual swaps hit $31 billion weekly volume on commodities volatility 21 minutes ago Bitcoin’s $80,000 bull bet just took over the market 57 minutes ago Bitcoin stalls below key resistance as analysts clash over next move 1 hour ago Strategy’s STRC sees one of its highest volume days, with just one penny of volatility 2 hours ago Bithumb moves to seize assets over mistaken $8 million bitcoin dispute 2 hours ago Iran's crypto tanker tolls are the latest step in its sanctions‑busting trade network 3 hours ago Top Stories Bitcoin's next big move hinges on oil, and right now it's a total coin flip 6 hours ago Bitcoin gets its first working prototype of quantum-resistant wallet rescue tool 8 hours ago U.S. Treasury proposes demands that stablecoin firms be set to police bad transactions 20 hours ago Iran eyes crypto toll for oil tanker transits through Strait of Hormuz, according to FT 23 hours ago Bitcoin is above $70,000 on Iran ceasefire, but rally is turning cautious for good reasons 21 hours ago Adam Back denies he’s Satoshi Nakamoto after NYT report claims he’s Bitcoin’s creator 21 hours ago