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CoreWeave Expands Meta AI Deal To $21 Billion, Issues $4.25 Billion In New Convertible & Junk Debt
CoreWeave Expands Meta AI Deal To $21 Billion, Issues $4.25 Billion In New Convertible & Junk Debt
CoreWeave has expanded its agreement to supply Meta with AI computing capacity, lifting the total value of the deal to $21 billion, as reported by Bloomberg. The updated terms extend AI cloud services through December 2032.
This means that circular financing circle jerk we've been tracking since last year continues.
LOL
*COREWEAVE INKS $14 BILLION META DEAL TO SUPPLY COMPUTING POWER
ye daily circle jerk
— zerohedge (@zerohedge) September 30, 2025
The deal underscores a broader truth in the...
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