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CoreWeave Secures $14.2 Billion Cloud Computing Contract with Meta Through 2031

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September 30 2025 9:42AM

CoreWeave Inc. (NASDAQ:CRWV) confirmed a new order under its existing Master Services Agreement with Meta Platforms Inc. (NASDAQ:META), locking in commitments of up to $14.2 billion through December 14, 2031.

The agreement, finalized on September 25, 2025, grants Meta access to cloud computing resources via reserved capacity orders. Meta also retains an option to extend its commitment through 2032 to secure additional capacity under the same order framework.

The original Master Services Agreement was established on December 10, 2023. CoreWeave classified the new order as material under Item 1.01 of Form 8-K disclosure rules.

The agreement remains in effect until all outstanding orders are completed or terminated, or until either party exercises its right to end the contract for cause. It includes standard terms covering representations, warranties, indemnification, and liability limitations. Amendments to the order form can be made if both companies mutually agree.

CoreWeave stock price

Meta stock price

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