Technology9/30/2025Bloomberg

CoreWeave’s $14 Billion Meta Deal, Spotify’s Ek to Leave CEO Role | Bloomberg Tech 9/30/2025

CoreWeave’s $14 Billion Meta Deal, Spotify’s Ek to Leave CEO Role | Bloomberg Tech 9/30/2025

CoreWeave, a cloud computing company, has secured a massive $14.2 billion deal to provide computing power to Meta (Facebook). This multi-year agreement is a significant win for CoreWeave, solidifying its position as a key provider in the rapidly growing cloud infrastructure market. In a separate development, Spotify has announced that its co-founder and CEO, Daniel Ek, will be stepping down from the CEO role and transitioning to the position of chairman. This move is seen as a strategic shift for the music streaming giant, as it navigates the evolving landscape of the industry. Additionally, Anthropic, an artificial intelligence company, has revealed that it is focusing its efforts on enterprise clients with its new model that can code for up to 30 hours straight. This shift in strategy reflects the company's aim to cater to the growing demand for advanced AI capabilities in the corporate sector.

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