The Story
News Summary
- CoreWeave's AI cloud revenue backlog surged 246% year over year to $104.2 billion, supported by multi-year commitments including a $21 billion deal expansion with Meta Platforms through 2032.
- Despite high capital expenditure requirements and customer concentration, demand for AI compute capacity continues to expand aggressively.
Explore META price history & advisor snapshot
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Stored market data
META price history
682.31
+6.74% over the displayed period
Advisor Snapshot
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