# CoreWeave now holds $35 billion in contracts with Meta, making the tech firm one of its largest customers.

*business · news · 2026-04-09 · The Mercury News*

## Key points

- CoreWeave signed a $21 billion deal to supply AI cloud capacity to Meta through 2032.
- CoreWeave now holds $35 billion in contracts with Meta, making Meta one of its largest customers.
- CoreWeave is offering $3 billion in convertible senior notes and $1.25 billion in senior notes to fund expansion.
- The $1.25 billion in senior notes will offer just above 10% interest and may be sold imminently.
- CoreWeave sought $8.5 billion in bank financing earlier this year to expand cloud capacity for Meta.

**Companies:** Meta Platforms Inc., Nvidia Corp., CoreWeave Inc., Morgan Stanley, Mitsubishi UFJ Financial Group Inc., Nebius Group NV, Nscale
**Countries:** United States

[Read the full story on The Mercury News](https://www.mercurynews.com/2026/04/09/coreweave-meta-21-billion-deal-ai-computing/)

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