TNB Tech Minute: Meta to Spend $21 Billion on Expanded AI Cloud Deal With CoreWeave
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 9 April 2026
⏱️ 2 minutes
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| 0:00.0 | Here's your morning TNB Tech Minute for Thursday, April 9th. I'm Danny Lewis for the Wall Street Journal. |
| 0:07.7 | Cloud Services Company Corweave is expanding its long-term agreement with meta platforms to provide |
| 0:12.9 | artificial intelligence cloud capacity for about $21 billion. Corweave says the deal will give |
| 0:18.9 | meta's AI initiatives increased support for development and deployment through December 2032. |
| 0:24.3 | The social media giant will gain access to dedicated capacity across multiple locations, including on some of the initial deployments of Nvidia's Vera Rubin platform. |
| 0:34.3 | Meta's additional commitment will allow Corweave to fund the massive construction and |
| 0:38.6 | equipment costs required to support large-scale AI projects. Amazon CEO Andy Jassy says the |
| 0:46.1 | company will spend the next year investing heavily in robotics technology and on using generative |
| 0:50.7 | AI to better serve its customers. In his annual shareholder letter, Jassy announced plans to invest about $200 billion in capital expenditures this year, |
| 1:00.1 | largely focused on AI infrastructure, like custom chips and data centers. |
| 1:04.7 | He also highlighted robotics as a key driver of efficiency and innovation in Amazon's operations, |
| 1:10.4 | and that its drone delivery |
| 1:11.7 | service is a key priority over the next 12 months. And a federal appeals court has denied |
| 1:18.4 | Anthropics' request for relief from the U.S. Defense Department declaring the AI company |
| 1:22.7 | a supply chain risk. While Anthropic has sustained financial harm from the Pentagon's actions, the |
| 1:28.8 | appeals court said it didn't feel strongly enough to override the government on a matter of national |
| 1:33.1 | security. That means the Defense Department's designation of the clawed maker as a security threat |
| 1:38.2 | stands, so Anthropic will continue to be excluded from new contracts and Pentagon systems. |
| 1:44.0 | An Anthropic spokeswoman says the company is confident the courts will ultimately agree |
| 1:47.9 | that the supply chain designations were unlawful. |
| 1:51.4 | And that's your TNB Tech Minute. |
| 1:53.4 | We'll be back this afternoon with more. |
... |
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