On October 14, 2025, Meta Platforms Inc. announced a significant up to $14.2 billion contract with CoreWeave to provide AI cloud infrastructure through 2031, as reported by the Wall Street Journal. This major partnership underscores Meta's aggressive investment in AI and cloud capabilities, supporting its ongoing initiatives in advertising efficiency and new revenue streams. Despite this positive business development, META shares traded at $713.37 (-0.33%) as of 1:32 PM EST, reflecting cautious investor sentiment amid broader market uncertainty, including renewed US-China trade tensions and delayed economic data releases. The news is widely covered by tier-1 sources, indicating high confidence.
Meta Signs $14.2 Billion AI Cloud Deal with CoreWeave
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