CoreWeave stock climbs 8% after company lands $14 billion deal with Meta

Core Point - CoreWeave has secured a significant deal with Meta, agreeing to provide $14.2 billion worth of artificial intelligence computing infrastructure, leading to an over 8% increase in its shares during premarket trading [1][2]. Company Summary - CoreWeave's CEO, Michael Intrator, indicated that Meta was satisfied with their previous contracts, prompting the company to seek additional infrastructure support [2]. Market Reaction - Following the announcement of the deal, CoreWeave's shares experienced a notable rise of more than 8% in premarket trading [1].