CoreWeave strikes AI cloud deal with Anthropic, shares rise - Reuters

<a href="https://news.google.com/rss/articles/CBMitAFBVV95cUxNLXZwd1Q2eUVjeEE1cFFuLUxWMkZ4YmtYTG52UkQ5WTlhRnF5bFN3dDl5cjh1OHJGR1M2UC01MnZPYVhnNnNFaGtmQnRJX2hnS1BkTVE5N3ZnMjBpYWNpeW1TZTFoUThISHlXNHRWUkJxZ0ZFSXdkZGR0RG1tdGZmZE94MW9rdGx0TlhiWDRvNkFHZjV0QW1raWxZSkUzV1lmUnhpSlFrd2JGbkZOUDlBS1JTb3I?oc=5" target="_blank">CoreWeave strikes AI cloud deal with Anthropic, shares rise</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

CoreWeave has entered into an expanded agreement to provide Meta Platforms with $21 billion in cloud capacity, supporting Meta's increasingly complex AI workloads. Shares of CoreWeave rose nearly 8% in premarket trading, while Meta's shares were up 0.6%.

CoreWeave's shares rose 8% following the announcement of a $21 billion expanded agreement with Meta Platforms to provide AI cloud capacity through December 2032. The deal extends the existing relationship and supports Meta's development and deployment of AI infrastructure.

Meta and CoreWeave have expanded their AI cloud agreement to $21 billion, extending their partnership through December 2032. Both companies saw their shares rise following the announcement, with CoreWeave providing dedicated AI cloud capacity to support Meta's AI systems.

CoreWeave's stock rose 3.49% following the announcement of a $21 billion AI cloud capacity agreement with Meta Platforms. The deal extends through December 2032 and supports Meta's AI operations, highlighting the growing demand for AI infrastructure.

CoreWeave's shares rose more than 5.2% after confirming a multi-year cloud infrastructure agreement with Anthropic. The deal will support the development and deployment of Anthropic's Claude AI models, with compute resources expected to come online later this year.