PANews reported on September 30 that CoreWeave has signed an agreement to provide Meta Platform with computing power worth up to $14.2 billion, highlighting the enormous cost of developing and running advanced artificial intelligence models. "They liked our infrastructure in an earlier contract, so they came back for more," CEO Michael Intrator said in an interview. He said that as part of the agreement, CoreWeave will provide the social media giant with Nvidia's latest GB300 system.