09:45 AM EDT, 09/30/2025 (MT Newswires) -- (Updates with CoreWeave ( CRWV ) statement in the second paragraph and recent share movement in the final paragraph.)

CoreWeave ( CRWV ) will supply Meta Platforms ( META ) with $14.2 billion worth of computing power under a new deal signed by the two companies, Bloomberg reported Tuesday, citing an interview with CoreWeave ( CRWV ) Chief Executive Officer Michael Intrator.

In an emailed statement to MT Newswires, Coreweave ( CRWV ) confirmed the signing of the long-term AI cloud infrastructure agreement with Meta.

Meta did not immediately reply to a request for comment.

Shares of CoreWeave ( CRWV ) were up 14.3% while Meta shares were down 1.4% in recent early trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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