Zuck’s AI Addiction Catapults CoreWeave 11% Higher… Shareholders Stuck Holding a $72B Receipt

“We’re never going to financially recover from this…” -probably Meta’s accountants after Zuck just wired CoreWeave $14 billion.

If you’ve ever checked your credit card bill after a bender at the B’Dubs (Buffalo Wild Wings) and realized half your paycheck is gone, you can sympathize with Meta. Except instead of Bud Light pitchers and an ungodly amount of Sauce Gardner Wings, Zuck’s weakness is AI supercomputers.

CoreWeave stock exploded 11% after reports surfaced that Meta signed a $14.2 billion deal with the Nvidia-backed data center operator. CoreWeave CEO Michael Intrator was practically giggling in his Bloomberg interview: “They loved our infrastructure in earlier contracts and came back for more.” In other words: Zuck’s AI addiction is paying my mortgage forever.

That said, this Meta-CoreWeave fling is just a blip on an AI-soaked radar for Zuck, who’s been tossing around billions as if the only way to win in the AI game is to spend more (who’s gonna tell him?). Just last week Meta hiked its 2025 spending target to as much as $72 billion and started building a 4 million-square-foot data center in Louisiana. 

Zuck even gave it a name, Hyperion (which answers the question on if Zuck has been playing video games lately). The man is literally constructing digital fortresses the size of NFL stadiums and then bragging about “the greatest compute per researcher” like it’s a meaningful stat. As if shareholders aren’t gonna continue asking “that’s great Zuck, but when do we get a ROI on these investments?”

This is the second monster deal CoreWeave has landed in less than two weeks, following a $6.5B expansion with OpenAI. That brings their running tab with Big Tech to $20B+. No wonder AI bros have been rewarding the stock, which is now up about 260% on the year… even if it’s still nursing a sore back from insiders dumping shares earlier in the month. 

(Source: Yahoo Finance)

However, not everybody’s foaming at the mouth over Zuck’s billion-dollar hardware shopping spree. Hedgeye’s Felix Wang, who’s already shorting CoreWeave, admitted the Meta deal was “a positive surprise,” but let’s be real… that doesn’t answer the bigger question: when does the music stop? 

Bulls swear GPU demand is bottomless, but bears say once Meta, OpenAI, and the rest finish hoarding chips like Jim Rickards hoards gold, CoreWeave could be left holding a debt bomb with no one around to defuse it. Translation: today’s AI landlord could be tomorrow’s abandoned strip mall where Spirit Halloween sets up shop every fall.

And as for Zuck, he’s burned through billions chasing his AI obsession, but now the clock’s ticking. Shareholders aren’t going to stay patient just because the data centers have cool names. The next earnings call will be very telling if any of his hopes and dreams can, you know, become a reality.

At the time of publishing this article, Stocks.News holds positions in Meta as mentioned in the article.