CoreWeave stock keeps going up: 3 reasons why the AI cloud-computing company is on fire this week
CoreWeave is having a very eventful week, and its stock price reflects it. Shares of the AI cloud-computing firm (Nasdaq: CRWV) are up more than 37% in five days following deals with Meta Platforms and Anthropic. On Thursday, April 9, CoreWeave announced a six-year agreement with social media giant Meta, parent company of Facebook and Instagram. CoreWeave will supply AI cloud capacity to Meta through December 2032. “The dedicated capacity will be deployed across multip...
Original Source
Read the full article at Fastcompany →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.