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CoreWeave Signs $14.2 Billion Computing Power Agreement with Meta

Summary: CoreWeave has reportedly signed an agreement to provide Meta with computing power worth up to $14.2 billion, highlighting the significant costs of developing and running advanced artificial intelligence models. CEO Michael Intrator stated in an interview, 'They liked our infrastructure in early contracts, so they came back for more collaboration.' As part of the agreement, ...

CoreWeave has reportedly signed an agreement to provide Meta with computing power worth up to $14.2 billion, highlighting the significant costs of developing and running advanced artificial intelligence models. CEO Michael Intrator stated in an interview, 'They liked our infrastructure in early contracts, so they came back for more collaboration.' As part of the agreement, CoreWeave will provide Meta with Nvidia's latest GB300 system.

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