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Meta Signs $21B AI Deal
The deal brings Meta’s total commitment to CoreWeave to over $35 billion, highlighting the astronomical costs of the AI infrastructure race.
Meta is leveraging CoreWeave’s extensive Nvidia GPU network to power its newly released Muse Spark AI model and other generative tools.
The investment comes as Meta reassigns top engineers to its Applied AI division to step up its competitiveness in the market.
Despite the high spending, analysts remain bullish on Meta’s long-term strategy as it seeks to transform its social media platforms with advanced AI capabilities.