Meta Platforms(US:META) Ge Long Hui A P P·2025-09-30 12:46Core Viewpoint - CoreWeave has signed an agreement to provide computing power worth up to $14.2 billion to Meta Platforms, highlighting the significant costs associated with developing and running advanced artificial intelligence models [1] Company Summary - CoreWeave's stock rose nearly 8% in pre-market trading following the announcement of the agreement with Meta [1] - The deal underscores the growing demand for cloud computing services, particularly in the context of AI development [1] Industry Summary - The agreement reflects the increasing investment in cloud computing infrastructure necessary for AI advancements [1] - The partnership between CoreWeave and Meta illustrates the competitive landscape in the cloud services sector, where companies are vying to support AI capabilities [1]