CoreWeave Expands AI Infrastructure with New Storage Platform and Strategic Partnerships

What's Going On With CoreWeave Stock Thursday? - CoreWeave (NASDAQ:CRWV)

CoreWeave, Inc. (NASDAQ:CRWV) stock rose Thursday after unveiling an AI-native object storage platform designed to move data to GPUs with minimal friction and without extra egress or transaction fees. The company introduced CoreWeave AI Object Storage, a fully managed service built to keep training and inference pipelines fed at scale. The system uses CoreWeave's Local Object Transport Accelerator, or LOTA to make a single dataset instantly reachable across regions, clouds, and on-prem environments. Also Read: Taiwan Semiconductor Lifts Outlook After Blowout Quarter, CEO Says AI Signals From Clients Are 'Very Strong' Modern AI models live or die on data throughput and proximity to compute. Traditional object stores can throttle GPU utilization with latency, duplication, and cost sprawl. CoreWeave's architecture aims to maintain high, predictable bandwidth so developers can train and serve models without shuffling copies or paying unpredictable fees. CoreWeave says performance scales with workload size and sustains throughput to distributed GPU nodes "from any region, on any cloud, or on-premises," aided by private interconnects, cloud peering, and ports rated up to 400 Gbps. The company positions this backbone as a way to keep global datasets coherent while avoiding replication-heavy operations. The storage lineup debuts with three automatic, usage-based tiers. CoreWeave targets more than 75% lower storage costs for typical AI patterns, while eliminating egress, request, and tiering charges. The company pitches this as simpler budgeting and more transparent unit economics than many legacy storage schemes. "As the essential cloud for AI, every decision at every layer is focused on optimizing for efficiency and performance," said Peter Salanki, Co-Founder and CTO, CoreWeave. The launch extends CoreWeave's software push after recent steps like ServerlessRL for reinforcement learning. The company has been building a broader AI stack via CoreWeave Ventures and acquisitions including OpenPipe and Weights & Biases, with a pending deal for Monolith AI. Price Action: CRWV shares were trading higher by 4.29% to $145.21 at last check Thursday. Read Next: Nvidia, Marvell, Broadcom Bounce Back After ASML Earnings Boost Investor Confidence Photo via Shutterstock CRWVCoreWeave Inc$143.863.32%OverviewMarket News and Data brought to you by Benzinga APIs

Why Investors Are Excited About CoreWeave | The Motley Fool

CoreWeave might not be a household name yet, but it's quietly becoming one of the most essential companies powering the artificial intelligence (AI) revolution. 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. While OpenAI and Nvidia capture most of the AI headlines, CoreWeave sits in the background -- building the muscle that keeps the AI revolution running. CoreWeave's business model is simple but powerful: It provides GPU-based cloud computing optimized for artificial intelligence workloads. Instead of offering general-purpose cloud services like Amazon Web Services or Microsoft Azure, CoreWeave focuses exclusively on the kind of high-performance, low-latency compute clusters that AI model training requires. Its data centers are packed with the latest Nvidia GPUs, connected through ultra-fast networks and liquid cooling systems designed to handle massive training runs. Customers -- from AI start-ups to large enterprises -- rent this GPU capacity through multiyear, take-or-pay contracts, meaning CoreWeave gets paid regardless of whether the customer uses the full allocation. That structure gives it unusual revenue visibility for a young company and reduces the volatility that typically comes with cyclical tech spending. As of the end of 2024, the tech company had $15.1 billion of remaining performance obligations. In short, CoreWeave provides the infrastructure that allows AI models to be built, trained, and deployed at scale. It's the unseen backbone of the AI boom. To understand why investors are so excited, it helps to step back and look at the macro picture. AI triggered an unprecedented compute supercycle. Training large models like GPT-4 or Claude 3 requires tens of thousands of GPUs working in parallel for weeks or months. Running those models every day (known as inference) consumes even more computing resources as applications scale to millions of users. According to Grand View Research, the global data center GPU market size was estimated at $14.5 billion in 2024 and is projected to reach $190.1 billion by 2033, growing at a compound annual growth rate of 36% from 2025 to 2033. Supply remains tight, with Nvidia struggling to meet orders, and hyperscalers like Microsoft, Meta Platforms, and Amazon locking up capacity years in advance. In that environment, companies that can quickly deploy optimized GPU clusters are in short supply -- and that's precisely where CoreWeave shines. Three things set CoreWeave apart and explain why investors see it as one of the most promising infrastructure plays of the AI era. CoreWeave cultivated one of the closest relationships with Nvidia outside the major cloud providers. That partnership gives it priority access to the newest chips, including the RTX PRO 6000 and B200 GPUs, often before they reach the broader market. It also counts OpenAI, Microsoft, and Meta Platforms among its customers -- partnerships that bring both scale and credibility. These deals aren't short-term either; many are multiyear commitments worth billions. The company is growing at breakneck speed. In its Q2 2025 earnings presentation, the company reported that revenue tripled year over year, fueled by an order backlog exceeding $30 billion. Those long-term commitments give the company strong visibility, something investors prize in a fast-growing sector. CoreWeave's infrastructure is purpose-built for AI -- not retrofitted from a legacy cloud. Its data centers are engineered to achieve substantially higher total system performance and more favorable uptime compared to other AI offerings within existing infrastructure cloud environments, unlocking speed at scale. That technical focus helps customers train models faster and more efficiently, saving time and money. In an industry where speed equals competitive edge, CoreWeave's focus on AI computing translates directly into customer loyalty. CoreWeave sits at the intersection of two powerful forces: an insatiable global appetite for AI compute and a shortage of high-performance infrastructure to deliver it. By focusing narrowly on GPU cloud services, locking in long-term contracts, and maintaining a close alliance with Nvidia, CoreWeave carved out a vital role in the AI ecosystem. For long-term investors betting on the infrastructure side of artificial intelligence, CoreWeave represents something rare -- a pure play on the physical foundation of the AI revolution. It's a company that investors should track closely in the coming quarters, if not decades.

Poolside, CoreWeave partners to build giant AI data center in Texas (NVDA:NASDAQ)

Poolside, an Nvidia-backed (NASDAQ:NVDA) AI startup, along with CoreWeave (NASDAQ:CRWV), is planning to build a giant data center complex in Texas that will be able to generate its own power. Known as Project Horizon, the data center will be built on Project Horizon could reduce long-term costs and power bottlenecks for AI data center infrastructure, enhancing viability and potential returns for investors. Proximity to established natural gas, water, and processing infrastructure can lower operational costs and improve long-term scalability and reliability. Strong investor demand and significant growth prospects are suggested for Poolside, given rapid valuation increases and involvement of major backers.

Magnetar sells CoreWeave (CRWV) stock worth $78.8 million By Investing.com

Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and Snyderman David J. reported selling shares of CoreWeave, Inc. NASDAQ:CRWV on October 16, 2025. The sales amounted to a total of $78.8 million, with prices ranging from $140.00 to $150.00 per share. The stock, currently trading at $136.89, has shown remarkable strength with a 250% gain over the past six months. According to InvestingPro analysis, CoreWeave appears overvalued at its current market capitalization of $73.5 billion. The transactions involved the sale of Class A Common Stock. With an overall Financial Health score of "FAIR" and 12 additional key insights available on InvestingPro, investors can access comprehensive analysis including valuation metrics and growth projections through the platform's detailed Pro Research Report. In other recent news, CoreWeave has made several notable announcements. The company has appointed Jon Jones as its first Chief Revenue Officer. Jones brings over two decades of experience from his previous role at Amazon, where he served as Global Head of Startups and Venture Capital. In a significant development, CoreWeave has secured a partnership with Poolside to provide over 40,000 GPUs, a move that Evercore ISI estimates could add approximately $5 billion to CoreWeave's backlog. The company is also planning a massive AI data center in West Texas, in collaboration with AI startup Poolside, which will leverage natural gas from the Permian Basin for power. Additionally, CoreWeave has launched Serverless RL, a managed reinforcement learning platform designed to simplify AI agent training, marking its first collaboration with recently acquired OpenPipe. This new service promises faster training times and lower costs compared to traditional GPU environments. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Coreweave director Venturo sells $21.3 million in shares By Investing.com

Brian M. Venturo, Chief Strategy Officer and director at CoreWeave, Inc. (CRWV), sold 144,882 shares of Class A Common Stock on October 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, executed under a Rule 10b5-1 trading plan, fetched a total of $21.3 million. The timing is notable as CoreWeave's stock has seen remarkable gains, with a 250% surge over the past six months. According to InvestingPro, the company currently trades above its Fair Value, with a market capitalization of $73.48 billion. The shares were sold in multiple transactions with prices ranging from $135.1974 to $140.9145. Specifically, Venturo sold 2,300 shares at $135.1974, 11,759 shares at $136.2330, 28,412 shares at $137.3188, 35,530 shares at $138.0923, 51,443 shares at $139.1631, 22,012 shares at $140.1176 and 3,023 shares at $140.9145. On the same day, Venturo also converted 154,479 shares of Class B Common Stock into Class A Common Stock. Following these transactions, Venturo, through West Clay Capital LLC, retains ownership of 5,557,521 shares of Class B Common Stock and no shares of Class A Common Stock. Venturo also directly owns 248,722 shares of Class A Common Stock. Additionally, Venturo has indirect ownership through various trusts. In other recent news, CoreWeave has made significant strides in its business operations. The company announced the appointment of Jon Jones as its first Chief Revenue Officer, bringing over two decades of experience from roles at Amazon and other technology firms. In a notable development, CoreWeave secured a partnership with Poolside to provide over 40,000 GPUs, which Evercore ISI estimates could add approximately $5 billion to the company's backlog. This deal is expected to significantly impact CoreWeave's financial outlook, potentially increasing its total backlog to over $55 billion. Additionally, CoreWeave is partnering with AI startup Poolside to build a large data center complex in West Texas, known as "Horizon," which will utilize natural gas from the Permian Basin for power. The company also launched Serverless RL, a managed reinforcement learning platform aimed at simplifying AI agent training. This new service allows developers to scale reinforcement learning with minimal setup, offering faster training times and reduced costs. The launch of Serverless RL marks the first collaboration between CoreWeave and its recent acquisition, OpenPipe. These recent developments highlight CoreWeave's ongoing efforts to expand its capabilities and strengthen its position in the cloud computing sector. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

CoreWeave in Partnership With Poolside on New AI Data Center in Texas

CoreWeave, Inc. is an American technology company founded in 2017, specializing in cloud infrastructure designed for compute-intensive workloads. It has positioned itself as a niche player in a market dominated by generalist giants. Its offering is built on a vertical specialization in artificial intelligence (AI) and related applications, notably high-performance computing (HPC) and graphical rendering. CoreWeave operates a GPU-first architecture, optimized for training and inference of generative AI models. It also targets scientific and financial computing, as well as real-time 3D rendering needs. With its own data centers located in the United States and Europe, the company maintains full control over its infrastructure. This control enables it to deliver high performance, low latency, and flexible deployment capabilities. Some facilities are shared among clients, while others are fully dedicated to a single customer. CoreWeave serves a diverse clientele, ranging from AI startups to research labs, as well as production studios and financial institutions. In addition to its hardware infrastructure, the company develops its own GPU management software. These tools enable intelligent resource allocation, continuous performance optimization, and better cost control. This vertical integration, from hardware to software, enhances the company's competitiveness. CoreWeave stands out through its tailored approach and its ability to meet clients' specific needs. It aims to become the leading provider for AI workloads on a global scale. In a context of surging demand for computing power, its model is appealing due to its specialization and agility.

CoreWeave (CRWV) 10% owners sell $3.9 million in shares By Investing.com

Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and Snyderman David J., all identified as ten percent owners of CoreWeave, Inc. (CRWV), reported selling shares of Class A Common Stock on October 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, currently valued at $69.5 billion, has seen its stock surge 248% year-to-date according to InvestingPro data. The sales amounted to a total of $3.9 million. The shares were sold in multiple transactions with prices ranging from $140.15 to $143.26. While the company trades at premium valuations, InvestingPro analysis reveals 12+ additional investment insights, including detailed profitability metrics and growth forecasts, available in the comprehensive Pro Research Report. In other recent news, CoreWeave has announced a significant partnership with Poolside to supply over 40,000 GPUs under Nvidia systems, potentially adding approximately $5 billion to its backlog, according to Evercore ISI. Although the financial specifics of the deal remain undisclosed, this development could bring CoreWeave's total backlog to over $55 billion. Additionally, CoreWeave is planning to construct a massive AI data center in West Texas, known as "Horizon," which will utilize natural gas from the Permian Basin to power its operations. The company also launched Serverless RL, a managed reinforcement learning platform aimed at simplifying AI agent training, which promises faster training times and reduced costs. This new service is a collaboration with OpenPipe, a recent acquisition by CoreWeave. In terms of stock ratings, Evercore ISI has reiterated its Outperform rating for CoreWeave, citing the company's robust GPU cloud business model and long-term contracts. These developments highlight CoreWeave's strategic moves to strengthen its position in the AI and cloud computing sectors. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

CoreWeave Announces Partnership with Foundation Model Company Poolside to Deliver AI Cloud Services

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 plans to provide Poolside with its market-leading cloud solutions for Project Horizon, Poolside's 2GW AI campus in West Texas. As part of the initiative, CoreWeave plans to serve as the anchor tenant and operational partner for the first phase of the project, which comprises 250MW of gross power and includes an option to further expand capacity by an additional 500MW. "Poolside's approach to foundation models represents exactly the kind of breakthrough work the CoreWeave platform was designed to accelerate," said Michael Intrator, Co-Founder, Chairman and Chief Executive Officer of CoreWeave. "Together, we're building the performance layer that will define how AI research becomes real-world capability." "To compete at the frontier you need to be vertically integrated from dirt to intelligence," said Eiso Kant, co-founder and co-CEO of Poolside. "This partnership with CoreWeave ensures immediate access to next-generation silicon, enabling us to train multi-trillion parameter models with large scale reinforcement learning. With this secured, we can now demonstrate our compounding research, engineering, and data advantages." Today's announcement is part of CoreWeave's commitment to redefining how AI pioneers develop, test, and deploy AI at scale. The company continues to expand its capabilities through organic innovation and with strategic acquisitions including: Monolith AI, which applies machine learning to complex physics and engineering challenges; OpenPipe, advancing reinforcement learning; and Weights & Biases, powering model iteration, experiment tracking, and inference. CoreWeave fosters a diverse and open AI ecosystem, with its technology team consistently setting new standards for performance, including the company's industry-leading MLPerf benchmark for AI workloads. About CoreWeave CoreWeave is The Essential Cloud for AI™. Built for pioneers by pioneers, CoreWeave delivers a platform of technology, tools, and teams that enables innovators to move at the pace of innovation, building and scaling AI with confidence. Trusted by leading AI labs, startups, and global enterprises, CoreWeave serves as a force multiplier by combining superior infrastructure performance with deep technical expertise to accelerate breakthroughs. Established in 2017, CoreWeave completed its public listing on Nasdaq (CRWV) in March 2025. Learn more at www.coreweave.com. About Poolside Founded in 2023, Poolside is a foundation model company bringing intelligence to everywhere work gets done. Poolside's mission is to pursue artificial general intelligence to drive abundance for humanity. Learn more at www.poolside.ai.

CoreWeave stock rises after plans for massive AI data center in Texas By Investing.com

Investing.com -- CoreWeave shares rose 4.6% Wednesday morning following a Wall Street Journal report that the company is partnering with AI startup Poolside to build a massive data center complex in West Texas capable of generating its own power. The planned facility, dubbed "Horizon," will be built on more than 500 acres of land owned by the Mitchell family, spanning an area approximately two-thirds the size of Central Park. The project aims to leverage natural gas from the Permian Basin to power a data center with two gigawatts of computing capacity - equivalent to the electric generation capacity of the Hoover Dam. According to the report, Poolside will initially gain access to a cluster of Nvidia AI computing resources provided by CoreWeave starting in December. The companies will then collaborate on the broader development of the self-powered data center, potentially reducing costs and improving long-term viability compared to facilities built without power generation capabilities. The project represents a new approach to building and financing AI computing infrastructure. Poolside is currently raising $2 billion in a funding round that would value the company at $14 billion, a significant increase from its $3 billion valuation approximately a year ago when it raised $500 million. CoreWeave, which is backed by Nvidia, specializes in cloud infrastructure services for AI applications. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.