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      Meta's Latest $21 Billion Move Could Help De-Risk CoreWeave's Growth: Analyst

      JP Morgan analyst Mark R Murphy said CoreWeave, Inc.’s (NASDAQ:CRWV) expanded agreement with Meta Platforms Inc. (NASDAQ:META)represents a significant step in scaling AI infrastructure, while flagging both upside potential and execution risks.

      Murphy reiterated a Neutral rating on CoreWeave with a $90 price forecast on Thursday.

      $21 Billion AI Expansion

      Murphy pointed to Meta's roughly $21 billion incremental commitment to CoreWeave, on top of a prior $14 billion agreement, extending through 2032. He said the deal includes early deployments of Nvidia Corp.’s (NASDAQ:

      Full story available on Benzinga.com


      Source: Benzinga
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud