Meta Platforms, Inc.

US30303M1027

Internet Services

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562.60 ^USD	+2.24%		566.00	+0.61%

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CoreWeave Expands AI Cloud Infrastructure Deal With Meta for $21 Billion

Published on 04/09/2026 at 07:42 am EDT - Modified on 04/09/2026 at 07:43 am EDT

Dow Jones

META PLATFORMS, INC.

+2.24%

COREWEAVE, INC.

-1.11%

NVIDIA CORPORATION

+1.27%

WISDOMTREE CLOUD COMPUTING UCITS ETF - ACC - USD

-0.08%

By Connor Hart

CoreWeave expanded its long-term agreement with Meta Platforms, providing the company with artificial-intelligence cloud capacity through December 2032 for about $21 billion.

The companies said Thursday the deal expands their existing relationship, increasing support for Meta's development and deployment of AI.

The dedicated capacity will be deployed across multiple locations and include some of the initial deployments of Nvidia's Vera Rubin platform, they said.

The companies previously entered an AI cloud infrastructure deal last fall, worth up to $14.2 billion.

CoreWeave shares rose 7.8%, to $95.84, in premarket trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

04-09-26 0741ET

Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Off-Hours Price	Change	5-day change	Capi.
META PLATFORMS, INC.	562.60USD	+2.24%	-0.22%	1,428B
COREWEAVE, INC.	95.51USD	-1.11%	-14.18%	52.11B
NVIDIA CORPORATION	194.97USD	+1.27%	-6.56%	4,722B
WISDOMTREE CLOUD COMPUTING UCITS ETF - ACC - USD	30.94USD	-0.08%	+7.47%	278M

Latest news about Meta Platforms, Inc.

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Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows: - operation of social networking, messaging, photo and video sharing platforms (98.9%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.58 billion daily active users in 2025); - sale of virtual and augmented reality products, software and devices (1.1%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc. Net sales break down by source of income into advertising spaces (98.7%) and other (1.3%). Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia/Pacific (26.8%), Europe (23.2%) and other (10.8%).

Employees

77,986

Sector

Internet Services

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