CoreWeave signs $14.2 billion computing power agreement with Meta

ChainCatcher reported that CoreWeave has signed an agreement to provide Meta Platforms with computing power worth up to $14.2 billion, highlighting the enormous costs of developing and operating advanced artificial intelligence models.

CEO Michael Intrator said in an interview: "They liked our infrastructure in the early contracts, so they came back for more cooperation." He stated that as part of the agreement, CoreWeave will provide the social media giant with Nvidia's latest GB300 systems.