Why CoreWeave (CRWV) Is Strengthening Its AI Cloud Growth Story With Meta

CoreWeave, Inc. (NASDAQ:CRWV) is one of the fastest-growing AI stocks to buy now.

On April 9, 2026, CoreWeave, Inc. (NASDAQ:CRWV) announced an expanded long-term AI infrastructure agreement with Meta Platforms, under which CoreWeave will provide AI cloud capacity through December 2032 for approximately $21 billion. The dedicated capacity will be deployed across multiple locations and will include some of the first deployments of NVIDIA’s Vera Rubin platform, giving the agreement a direct link to large-scale AI inference demand rather than a generic cloud-capacity expansion.

The Meta agreement fits CoreWeave’s broader growth profile. The company had reported fourth-quarter 2025 revenue of $1.57 billion, up from $747 million a year earlier, while full-year 2025 revenue rose to $5.13 billion from $1.92 billion in 2024. Revenue backlog grew to $66.8 billion, more than four times where it started the year, giving CoreWeave unusually strong contracted visibility for an AI infrastructure company still scaling aggressively. Adjusted EBITDA also reached $3.09 billion for 2025, though the company remained loss-making on a GAAP basis due to heavy infrastructure investment and financing costs.

Why CoreWeave (CRWV) Is Strengthening Its AI Cloud Growth Story With Meta

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CoreWeave, Inc. (NASDAQ:CRWV) provides purpose-built cloud infrastructure, GPU compute, networking, storage, and software tools for AI training, inference, and high-performance workloads.

While we acknowledge the risk and potential of CRWV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CRWV and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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