positive
Meta secures $14B contract for AI cloud
Meta has signed a $14 billion multi-year agreement with CoreWeave to expand its AI cloud infrastructure, enhancing compute capacity for large language models and generative AI research. This deal aligns with Meta’s strategy to strengthen its AI ecosystem alongside its ongoing investment in custom chips and data centers. As tech giants race to scale AI workloads, computing infrastructure has become the backbone of innovation, positioning Meta to compete more aggressively with Microsoft, Google, and Amazon in the AI cloud arms race.
Companies:
- Meta Platforms
- CoreWeave
- Microsoft
- Google
- Amazon
Tags:
- Meta
- CoreWeave
Explore:Mutual Fund Tools
positive
Meta secures $14B contract for AI cloud
Meta has signed a $14 billion multi-year agreement with CoreWeave to expand its AI cloud infrastructure, enhancing compute capacity for large language models and generative AI research. This deal aligns with Meta’s strategy to strengthen its AI ecosystem alongside its ongoing investment in custom chips and data centers. As tech giants race to scale AI workloads, computing infrastructure has become the backbone of innovation, positioning Meta to compete more aggressively with Microsoft, Google, and Amazon in the AI cloud arms race.
Companies:
- Meta Platforms
- CoreWeave
- Microsoft
- Google
- Amazon
Tags:
- Meta
- CoreWeave
Explore:Mutual Fund Tools
1 min read
81 words
Meta’s $14B CoreWeave deal deepens its AI cloud capacity, underscoring rising demand for scalable computing power.
Meta has signed a $14 billion multi-year agreement with CoreWeave to expand its AI cloud infrastructure, enhancing compute capacity for large language models and generative AI research. This deal aligns with Meta’s strategy to strengthen its AI ecosystem alongside its ongoing investment in custom chips and data centers. As tech giants race to scale AI workloads, computing infrastructure has become the backbone of innovation, positioning Meta to compete more aggressively with Microsoft, Google, and Amazon in the AI cloud arms race.
Meta has signed a $14 billion multi-year agreement with CoreWeave to expand its AI cloud infrastructure, enhancing compute capacity for large language models and generative AI research. This deal aligns with Meta’s strategy to strengthen its AI ecosystem alongside its ongoing investment in custom chips and data centers. As tech giants race to scale AI workloads, computing infrastructure has become the backbone of innovation, positioning Meta to compete more aggressively with Microsoft, Google, and Amazon in the AI cloud arms race.
Companies:
- Meta Platforms
- CoreWeave
- Microsoft
- Google
- Amazon
Tags:
- Meta
- CoreWeave
- Meta
- CoreWeave
- AI cloud
- data centers
- generative AI
- LLMs
- cloud infrastructure
- AI investment
- big tech
- AI scalability