EL7.AI
StocksHigh ImpactUpdated×7•Originally published 16 April 2026•Updated 18 April 2026•
1 min read

CoreWeave Expands Meta Deal to $21B and Adopts Nvidia’s Rubin Chips

Key Facts

1CoreWeave signed a $6 billion agreement with trading firm Jane Street to provide AI cloud infrastructure.
2The deal includes a separate $1 billion equity investment by Jane Street into CoreWeave.
3Jane Street will utilize high-performance computing resources built on NVIDIA technology to enhance trading and research operations.

CoreWeave has expanded its Meta partnership to $21 billion for Nvidia’s Rubin chips, while simultaneously securing a significant $6 billion contract with Jane Street to strengthen long-term revenue visibility. To further reinforce its AI cloud infrastructure, the company received a $1 billion equity boost, complementing its existing FY2026 revenue guidance of $12 billion to $13 billion. Analysts expect the forward EV/Sales multiple to compress from 7x in 2026 to 2.6x in 2027 as the total contracted backlog reaches $67 billion. To fund this trajectory, CoreWeave upsized its bond offering to $2.75 billion and aims to double active GPU capacity by late 2027. Despite managing a substantial debt load of roughly $30 billion, the company continues to diversify its elite client base, which now includes OpenAI, Anthropic, and Jane Street.