business / news / / Investing.com
Meta just committed another $21 billion to CoreWeave (CRWV) That pushes Meta’s bill with a single cloud provider to roughly $35 billion.
Meta signed a new $21 billion contract with CoreWeave, not an expansion of prior deals.
KEY POINTS
- Meta's total commitment to CoreWeave now totals $35 billion, locked in through December 2032.
- Amazon disclosed AWS's AI revenue run rate hit $15 billion in Q1 2026, a first-time reveal.
- Amazon confirmed over $100 billion in 2026 capex is already backed by OpenAI commitments.
- CoreWeave's new Meta contract focuses on inference workloads, signaling an industry pivot from training.
COMPANIES
Summarized by Newsio from Investing.com. How we summarize →