Compute / the Ledger · 5 deals
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Every deal dated, typed in plain words, and linked to the document it comes from.
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Deals with meta as a party. Show every company
| Announced | Deal | Parties | Type | Value | Terms | Source |
|---|---|---|---|---|---|---|
| 9 Apr 2026 | Meta signs a new CoreWeave order form; Meta's initial commitment is ~$21B through December 20, 2032AmendedOrder form under the December 10, 2023 MSA, entered 2026-03-31. Capacity includes initial Nvidia Vera Rubin deployments. Expands meta-coreweave-capacity-2025-09. | Capacity contract | $21B~$21B is inclusive of the exercise of an existing option under the previous (September 2025) order form, so it is not wholly incremental. | CoreWeave 8-K, 2026-04-09Regulatory filing | ||
| 16 Mar 2026 | Meta signs a five-year Nebius agreement: $12B of dedicated Vera Rubin capacity plus up to $15B of unsold-capacity purchasesSignedDedicated GPU clusters across multiple locations, deployed in tranches from early 2027. The $15B order is a backstop: Meta buys unsold capacity on certain clusters for five years from deployment. Accelerator as stated: NVIDIA Vera Rubin. | Capacity contract | $12B$12B firm dedicated-capacity orders; total contract value up to ~$27B including an order obliging Meta to buy up to $15B of capacity Nebius does not sell to third parties. | 5 years | Nebius 6-K, 2026-03-16Regulatory filing | |
| 24 Feb 2026 | Meta commits to buy the first 1 GW of AMD Instinct GPUs (up to 6 GW); AMD issues Meta a warrant for up to 160M sharesSignedAmendment to the May 23, 2023 Master Purchase Agreement. Warrant at $0.01, share-price thresholds escalating to $600; exercisable until 2031-02-23. Accelerator as stated: AMD Instinct. | Chip supply | undisclosedNo dollar value in the filing. Binding commitment covers the first 1 GW equivalent; warrant vests up to 6 GW. | 6,000 MW | AMD 8-K, 2026-02-24Regulatory filing | |
| 21 Oct 2025 | Meta and Blue Owl form an 80/20 JV for the Hyperion campus in Louisiana; Meta leases it from 2029 with a residual value guaranteeSignedBlue Owl affiliate holds 80% and contributed $7.0B cash; Meta holds 20%, contributed $4.3B of assets and received a $2.6B distribution (Meta's release says ~$3B). Meta's 16-year residual value guarantee threshold begins at $28B. JV debt: $27.3B 6.581% Beignet Investor bonds due 2049 (reported, 144A, not filed). | Site lease | $12.3B$12.3B is Meta's initial four-year lease commitment (renewable to 20 years). Meta's release puts total development cost at ~$27B. | Meta 10-Q (Q3 2025), Note 13Regulatory filing | ||
| 30 Sept 2025 | Meta commits up to ~$14.2B through December 14, 2031 for CoreWeave cloud capacitySignedOrder form under the December 10, 2023 Meta MSA (filed as Exhibit 10.1). Expanded 2026-03-31 (see meta-coreweave-capacity-2026-03). | Capacity contract | $14.2BInitially committed to pay up to approximately $14.2B (a ceiling), with an option to materially expand through 2032. | CoreWeave 8-K, 2025-09-30Regulatory filing |
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