Meta and CoreWeave have expanded a long-term artificial intelligence infrastructure agreement worth about $21 billion, extending their partnership until December 2032. The deal allows Meta to access to AI cloud capacity fromCoreWeave for development and deployment of its AI systems, including inference workloads that run trained models at a large scale. The infrastructure will be deployed across multiple locations and will include some of the first deployments of Nvidia's Vera Rubin platform. Shares of both companies rose following the announcement, with Meta (META) trading above $630 per share, up about 3% on the day.