Core Insights - CoreWeave, Inc. (Nasdaq: CRWV) is trending due to a significant $14.2 billion deal with Meta, resulting in a stock price increase of 13.15% to $138.63 [3][4] - The company, backed by Nvidia, will provide Meta with access to Nvidia's GB300 server racks, which include 72 Blackwell AI GPUs [4] - CoreWeave has also expanded its agreement with OpenAI, bringing the total contract value with OpenAI to approximately $22.4 billion, including previous agreements [5] Financial Performance - CoreWeave's stock is currently trading at $138.63, reflecting a gain of $16.11 on a trading volume exceeding 46 million shares [3] - The recent deal with Meta is a major contributor to the stock's upward movement, highlighting investor confidence in the company's growth potential [3] Strategic Partnerships - The partnership with Meta is a key development, as it positions CoreWeave as a critical player in the AI infrastructure space [4] - The expanded agreement with OpenAI reinforces CoreWeave's role as a cloud platform for advanced AI workloads, indicating strong demand for its services [4][5]

CoreWeave (CRWV) stock jumped more than 14% Tuesday after Bloomberg reported that the company has inked a $14.2 billion deal with Meta (META). CoreWeave, the Nvidia-backed (NVDA) AI data center operator, will provide Meta access to Nvidia 's (NVDA) GB300 server racks — which contain 72 of the chipmaker’s Blackwell AI GPUs (graphics processing units). “They loved our infrastructure in earlier contracts and came back for more,” CoreWeave CEO Michael Intrator told Bloomberg in an interview. CoreWeave and ...

CoreWeave (CRWV) stock jumped nearly 12% Tuesday after the company said it had inked a $14.2 billion long-term cloud deal with Meta (META). CoreWeave, an Nvidia-backed (NVDA) AI data center operator, will provide Meta access to Nvidia's GB300 server racks, according to Bloomberg, which first reported news of the deal. Each of those server racks contains 72 of the chipmaker's Blackwell AI GPUs (graphics processing units). "They loved our infrastructure in earlier contracts and came back for more," CoreWe ...