Meta Signs $14 Billion CoreWeave AI Infra Deal & Plans To Buy Chipmaker Rivos

Artificial intelligence (AI) isn’t just revolutionizing how businesses use such tools to boost productivity, reduce turnaround times, and save costs; it’s also changing how the companies that supply AI technology operate.

We already know that the amount of computing power needed to run generative artificial intelligence (GenAI) chatbots and other AI-powered tools is high—which is why GPU maker NVIDIA has been minting money supplying its advanced chips to AI companies around the world—as well as the heavy toll it exerts on energy grids just to keep the machine up.

To this effect, AI companies are partnering with computing infrastructure providers to power the insatiable thirst AI tools have for robust infrastructure.

To ensure that it remains competitive and can deliver exceptional services, Llama-maker Meta has signed a $14.2 billion deal with CoreWeave to source computing power.

The agreement will see Meta pay CoreWeave around $14.2 billion for services until December 14, 2031, post which, there remains an option to expand through 2032 for additional cloud computing capacity.

Meta will gain access to CoreWeave’s infrastructure of NVIDIA GB300 systems.

“The agreement underscores that behind every AI breakthrough are the partnerships that make it possible,” said a CoreWeave spokesperson in a statement referring to the Meta deal. Meanwhile, Meta didn’t comment on the matter.

The news saw CoreWeave’s shares soar 15.9%.

CoreWeave has become a key player in the AI infrastructure provider space and has contracts with the likes of Microsoft, NVIDIA, and even OpenAI.

Recently, CoreWeave announced an expanded agreement with OpenAI to power the training of its most advanced next-generation models in a contract worth up to $6.5 billion.

This deal was built on previous ones that OpenAI and CoreWeave signed, first in March 2025, worth up to $11.9 billion, which then saw an expanded agreement in May 2025 valued at up to $4 billion. The recent extension brought CoreWeave's total contract value with OpenAI up to approximately $22.4 billion. 
 

Meta is also trying to boost its in-house microchip-producing capabilities through the acquisition of RISC-V architecture-based chip startup Rivos, which is backed by Intel.

“I'm excited to share that Meta intends to acquire Rivos Inc. to help us accelerate our vision for scalable compute to power our AI ambitions,” said Yee Jiun Song, VP of Engineering at Meta.

The move aims to help Meta curtail its reliance on NVIDIA GPUs to power its AI technology.

As per reports, the deal has been confirmed by sources and has not yet been made public.

The move will also help Meta push its own custom in-house AI accelerators, which the company has been working on since a while, under the project name “Meta Training and Inference Accelerator,” or MTIA, which has been designed in partnership with Broadcom and developed in TSMC's chip fabs.

“It has been exhilarating to work on our AI accelerator program, MTIA, over the last couple of years,” added Yee Jiun Song. “Given the success of our first two AI accelerators, we are eager to accelerate and expand our MTIA roadmap. Rivos has deep technical expertise and experience designing and developing the full stack of AI systems. We are excited to work together to further our AI efforts.”

All this comes amid looming lawsuits, where a federal judge dismissed requests from Meta, Apple, and Google to dismiss lawsuits that claimed they hosted and accepted commissions from casino-style apps on their platforms.

As per the lawsuit, Apple's App Store, Google's Play Store, and Meta's Facebook promoted illegal gambling through an “authentic Vegas-style experience of slot machine gambling.”

The companies argued that Section 230 of the federal Communications Decency Act protects online platforms from liability over third-party content, but San Jose’s U.S. District Judge Edward Davila rejected their counter that aimed to shield them from the proposed class action lawsuits.

The plaintiffs alleged that the platforms exploited users, triggering depression, suicidal thoughts and other consequences, all while collecting commissions of over $2 billion.

The plaintiffs are looking for unspecified compensatory and triple damages, among other remedies, through the lawsuit.

Meta, Apple, and Google did not comment on the matter.

Do you think Meta’s deal with CoreWeave will help it capture a commanding position in the AI sector?

Will its move to purchase chipmaker Rivos help enhance this goal?

Let us know in the comments below!