Meta commits to spending additional $21 billion with CoreWeave as AI costs keep rising

Meta commits to spending additional $21 billion with CoreWeave as AI costs keep rising
  • The new spending will run between 2027 and 2032, as Meta boosts its own AI infrastructure while also counting on CoreWeave, which rents out Nvidia graphics chips.
  • “They’re going to continue to do it themselves, but they’re also going to continue to do it with us,” CoreWeave CEO Mike Intrator said in an interview. “There’s just too much risk not to.”
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