CoreWeave Launches First Asia-Pacific Data Centers in Indonesia with 360 Megawatts of AI Cloud Power

CoreWeave expands into Indonesia, announces first data center in Asia-Pacific

AI cloud firm CoreWeave is expanding into Indonesia with three new data centers. This move marks their first data-center presence in the Asia Pacific region. The company is adding 360 megawatts of contracted power across these new sites. CoreWeave is also building and training a local team for operations. This expansion caters to growing AI compute demand across Asia. AI cloud computing company CoreWeave said on Tuesday it is expanding into Indonesia and adding three new facilities in the country, marking the firm's first data-center presence in the Asia Pacific region. CoreWeave has benefited from a surge in demand for AI cloud infrastructure globally, as ⁠tech ⁠companies rush to secure the hardware and cloud capacity needed to develop and run AI systems. The company has been investing heavily in its data-center footprint to cater to the demand. Here are some details on the expansion: CoreWeave will add a total of 360 megawatts of contracted power ⁠through the three data centers, and will own and operate all three sites. "Across Asia, enterprises, AI-native companies, and governments ⁠increasingly need AI compute located close to their data and users, driven by both latency-sensitive workloads and data locality requirements. CoreWeave's move... reflects this shift," the company said. As part of its Indonesia expansion, CoreWeave will also build and train a local team to operate the new facilities, bolstering the country's AI ambitions. The facilities add to CoreWeave's growing global data-center footprint, with the company operating 49 data centers worldwide as of March. In ⁠May, CoreWeave raised the lower end of its 2026 capital spending forecast citing higher component prices amid a shortage of memory chips. The company plans to spend between $31 billion and $35 billion this year. The company has struck several multi-billion-dollar cloud deals this year, including an expanded $21 billion deal with Meta and multi-year agreement with Claude creator Anthropic.

CoreWeave Breaks Into Indonesia With First APAC Data Center - CoreWeave (NASDAQ:CRWV)

CoreWeave, Inc. (NASDAQ:CRWV) shares are up by more than 8% on Tuesday as the company expands its cloud AI platform into Indonesia. This move marks CoreWeave's first data center presence in the Asia-Pacific region, which could enhance its ability to serve AI pioneers across Southeast Asia while reflecting a growing demand for AI compute resources. Expands Cloud AI Platform Into Indonesia CoreWeave recently announced the addition of three new facilities in Indonesia, totaling 360 megawatts of contracted IT power, expected to come online in 2028. This expansion aligns with Indonesia's national priorities to strengthen digital infrastructure and enhance domestic AI capabilities. Notably, CoreWeave's Indonesia facilities expand its global AI infrastructure network. As of March 31, 2026, the company operated 49 data centers worldwide, with more than 1GW of active power and over 3.5GW of contracted capacity supporting AI workloads. CRWV Technical Outlook: Trend, Momentum And Key Levels Currently, CoreWeave is trading at $92.84, which is more than 10% above its 20-day simple moving average (SMA) of $77.86 but 8.7% below its 50-day SMA of $93.44. The stock has experienced a bearish trend, highlighted by a death cross in July, where the 50-day SMA crossed below the 200-day SMA. The primary momentum indicator, the Relative Strength Index (RSI), is currently at 53.35, indicating a neutral momentum environment. This suggests that the stock is neither overbought nor oversold, providing a balanced view of market sentiment. The Moving Average Convergence Divergence (MACD) is also worth noting, as it indicates pressure building or fading based on its relationship with the signal line. * Key Resistance: $85.50 -- a nearby level where rebounds can stall, reflecting a round-number area. * Key Support: $68.50 -- a nearby level where buyers previously stepped in, indicating potential buying interest. CoreWeave Earnings Preview And Analyst Price Targets The countdown is on: CoreWeave is set to report earnings on August 11, 2026 (confirmed). * EPS Estimate: -$1.27 (Down from a loss of 27 cents) * Revenue Estimate: $2.56 billion (Up from $1.21 billion) Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $141.05. Recent analyst moves include: * Piper Sandler: Initiated with Overweight (Target $151.00) (Aug. 3) * Truist Securities: Upgraded to Buy (Lowers Target to $126.00) (July 22) * Baird: Initiated with Outperform (Target $100.00) (July 22) How CoreWeave Ranks On Momentum Versus The Market Below is the Benzinga Edge scorecard for CoreWeave, highlighting its strengths and weaknesses compared to the broader market: * Momentum: Strong (Score: 9.54) -- Stock is outperforming the broader market. The Verdict: CoreWeave's Benzinga Edge signal reveals a momentum-driven story, indicating strong performance relative to the market. This momentum, coupled with its strategic expansion into Indonesia, positions the company favorably for future growth. CRWV ETF Exposure: Funds With The Biggest Weights Significance: Because CRWV carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock. CRWV Stock Price Today: Premarket Trading Update CRWV Stock Price Activity: CoreWeave shares were up 8.26% at $92.84 at the time of publication on Tuesday, according to Benzinga Pro data. Photo via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

CoreWeave expands to Indonesia with three data centers By Investing.com

JAKARTA, Indonesia - CoreWeave, Inc. (NASDAQ:CRWV) announced Monday its expansion into Indonesia with three data centers totaling 360 megawatts of contracted IT power, marking the company's first presence in the Asia-Pacific region. The facilities are expected to come online in 2028. CoreWeave will own and operate the compute environment across all three sites, according to a press release statement. The expansion aims to serve laboratories, startups and enterprise customers deploying AI workloads in Southeast Asia. The company cited demand for AI cloud services located closer to data and users, driven by latency-sensitive workloads and data locality requirements. "CoreWeave goes where we can bring AI pioneers the capacity, performance, and reliability they need to build and scale their ideas," said Sachin Jain, chief operating officer at CoreWeave. CoreWeave plans to build and train an on-the-ground team in Indonesia to operate the new facilities. The company stated the investment supports Indonesia's priorities to strengthen digital infrastructure and expand domestic AI capability. As of March 31, 2026, CoreWeave operated 49 data centers globally, with more than 1GW of active power and over 3.5GW of contracted power. The company completed its public listing on Nasdaq in March 2025. CoreWeave was established in 2017 and provides cloud infrastructure for AI workloads. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

CoreWeave Expands Cloud AI Platform With First Data Center Presence In Indonesia

CoreWeave announced its expansion into Indonesia, the company's first data center presence in the Asia-Pacific region. The expansion adds three new facilities totaling 360 megawatts of contracted IT power, expected to come online in 2028. CoreWeave will own and operate the compute environment across all three sites, bringing its full AI cloud platform to labs, startups and enterprise customers deploying workloads in Southeast Asia. CoreWeave's move into Indonesia reflects this shift, extending the company's ability to serve AI pioneers in the Asia-Pacific region. The investment also supports Indonesia's national priorities to strengthen its digital infrastructure, expand domestic AI capability, and position the country as a leading regional digital economy. In addition to the physical buildout, CoreWeave plans to build and train an on-the-ground team in Indonesia to operate the new facilities, supporting local technical talent development as part of the expansion. The Indonesia facilities add to CoreWeave's rapidly growing global infrastructure footprint. As of March 31, 2026, CoreWeave operated 49 data centers globally, with more than 1GW of active power and over 3.5GW of contracted power supporting AI workloads at scale.