CoreWeave Inc

CRWV

Market cap $69.5B

Artificial intelligence (AI) unleashed a historic wave of demand for computing power -- and few companies are riding that wave quite like CoreWeave (CRWV 3.94%). Once a small crypto-mining outfit, the company evolved into one of the most important players in AI infrastructure, quietly powering some of the world's largest model developers.

CoreWeave (CRWV 3.94%) quickly became one of the most talked-about names in the artificial intelligence (AI)-infrastructure space. With deep ties to Nvidia and a fast-growing base of enterprise clients like OpenAI and Microsoft, the company positioned itself as a key supplier in the AI compute boom.

LIVINGSTON, N.J.--(BUSINESS WIRE)--CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI, today announced CoreWeave AI Object Storage, an industry-leading fully managed object storage service built from the ground up specifically for AI workloads. Powered by CoreWeave's Local Object Transport Accelerator (LOTA) technology, CoreWeave AI Object Storage makes a single dataset instantly accessible, anywhere in the world, without any egress charges or request/transaction fees restricting how or.

Core Scientific's board urged its shareholders on Wednesday to vote for the company's proposed sale to CoreWeave.

LIVINGSTON, N.J.--(BUSINESS WIRE)--CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI, today announced a new partnership with Poolside, a foundation model company, to deliver advanced AI cloud services that support Poolside's mission to build artificial general intelligence and power the deployment of agents across the enterprise. Under the agreement, CoreWeave will provide a state-of-the-art cluster of NVIDIA GB300 NVL72 systems, including more than 40,000 GPUs. Separately, CoreWeave p.

CoreWeave (CRWV -5.41%) has been one of the hottest IPO stocks on the market this year. While it was a lackluster performer for its first month or so, mostly hovering in the vicinity of its $40 per share IPO price, it then began a two-month surge that lifted it to over $180.Currently, it's trading about 27% off of its all-time high, at prices in the neighborhood of $134.

CoreWeave‘ (CRWV) 322% surge stems from AI demand, turning its crypto roots into a $5 billion revenue machine.

Earnings season gets underway this week, with reports from major banks providing the first look at corporate performance. The technology sector is expected to be the standout performer with over 20% projected earnings growth, driven by the ongoing "AI arms race" Sectors that rely on lower-end consumer spending are expected to see earnings decline as shoppers become more "value-conscious"

CoreWeave is evolving from an AI cloud hardware provider to a full-stack agentic infrastructure platform, targeting the AI agent revolution. CRWV's acquisition of OpenPipe and focus on reinforcement learning positions it to capture higher-margin software and orchestration revenue beyond GPU compute. Rapid sales growth, expanding backlog, and deepening customer integration support a long-term thesis of durable demand and high switching costs for CRWV.

Applied Digital (APLD) saw yet another new all-time high as its post-earnings momentum carried the rally into a new week. A rebound in Bitcoin is one factor George Tsilis sees benefitting the company, though sales that nearly doubled year-over-year is something he finds notable as well as it grows alongside A.I.