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CoreWeave, Inc. operates a cloud platform that provides scaling, support, and acceleration for GenAI.
The company builds the infrastructure that supports compute workloads for enterprises. Its products include GPU compute, CPU compute, storage services, networking services, managed services, and virtual and bare metal servers. Additionally, its platform offers a fleet lifecycle controller, node lifecycle controller, tensorizer, and observability. The company's services also include VFX and rendering, AI model training, AI interference, and mission control. CoreWeave, Inc. was formerly known as Atlantic Crypto Corporation and changed its name to CoreWeave, Inc. in December 2019.
CoreWeave, Inc. was incorporated in 2017 and is based in Livingston, New Jersey.
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CoreWeave (NASDAQ:CRWV) stock is surging 12% in Friday's session, climbing from a prior close of $92 to $103, after the company announced a multiyear agreement with Anthropic to provide cloud computing capabilities for Anthropic's Claude AI models.
Murphy reiterated a Neutral rating on CoreWeave with a $90 price forecast on Thursday.
It's been a huge week for CoreWeave. CEO Michael Intrator says they signed a "multibillion-dollar contract" with Anthropic.
CRWV expands Meta deal to $21B through 2032, boosting AI cloud capacity and strengthening its role in large-scale AI infrastructure growth.
Meta and Anthropic are going to CoreWeave to power their AI needs. Capacity costs money, and CoreWeave raised more capital this week.
CoreWeave just added Anthropic as a customer. The deal comes at a time when Anthropic is establishing itself as the leading AI model company.
Meta Platforms announced an extra $21 billion contract to CoreWeave for its AI infrastructure solutions.
CoreWeave Inc. (NASDAQ: CRWV) is experiencing a massive technical reversal, with its Benzinga Edge momentum score surging from 32.22 to 73.68 in a single week amid analyst optimism.
CoreWeave, Inc. (CRWV) rose 3.93% in premarket trading after it announced a multi-year agreement with Anthropic to support the development and deployment of Ant
CoreWeave announced a multi-year agreement with Anthropic Friday to power its Claude AI models. The deal comes one day after the AI cloud provider announced a $21 billion expansion of its agreement with Meta.
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Shares of CoreWeave (CRWV) climbed more than 5% on Friday after the cloud computing provider disclosed a new multi-year lease agreement with artificial intellig
Top insights from the latest market news from Friday, April 10, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.
CoreWeave co-founder and CEO Mike Intrator joins CNBC's "Squawk on the Street" to discuss the company's latest deal with Anthropic, its growth strategy and more.
