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Perplexity inks deal with Coreweave
Why it matters: The move helps CoreWeave as it aims to convince Wall Street it can attract a broad customer base to justify heavy spending on new data centers. Driving the news: Under the deal, Perplexity will use dedicated Nvidia Grace Blackwell-powered clusters for AI inference. * CoreWeave will also adopt Perplexity Enterprise Max, allowing its workers to search across the web and internal documents. What they're saying: "This partnership reflects a wider mix of emerging AI leaders adopting the CoreWeave platform," CEO Mike Intrator told Axios. * "Like many others, they choose us for our unified AI cloud platform -- not just access to capacity -- and that is building a more diversified CoreWeave business." * Perplexity said performance drove its decision to choose CoreWeave. * "Every infrastructure decision traces back to one question: Does this make Perplexity better for our users?" Perplexity chief business officer Dmitry Shevelenko said in a statement to Axios." Between the lines: CoreWeave is trying to take advantage of tremendous demand for AI computing, while also ensuring it doesn't overbuild.
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CoreWeave stock rises after Perplexity partnership announced By Investing.com
Investing.com -- CoreWeave (NASDAQ:CRWV) shares rose 4% Wednesday after the company announced a multi-year strategic partnership with Perplexity to support AI inference workloads on its cloud platform. Under the agreement, Perplexity will power its next-generation inference workloads on CoreWeave's platform using dedicated NVIDIA GB200 NVL72-powered clusters. The partnership aims to support Perplexity's Sonar and Search API ecosystem as usage grows. CoreWeave will also deploy Perplexity Enterprise Max across its organization, enabling employees to search the web and internal knowledge, conduct research, visualize data, and access AI models within one platform. "We're proud to partner with Perplexity as they scale their inference workloads on CoreWeave's AI cloud," said Max Hjelm, senior vice president of revenue at CoreWeave. "AI applications running in production require more than just access to raw infrastructure - they require best-in-class performance and reliability as well as a cloud platform designed end-to-end for AI that simplifies compute operations." Perplexity has begun running inference workloads with CoreWeave Kubernetes Service as part of the initial deployment phase and is using W&B Models to train, fine-tune, and manage models from experimentation to production. The collaboration reflects Perplexity's multi-cloud strategy and positions CoreWeave as a specialized AI cloud provider for companies operating advanced AI systems in production environments. CoreWeave holds the only AI cloud to earn top Platinum ranking in both SemiAnalysis ClusterMAX 1.0 and 2.0, which evaluate AI cloud performance, efficiency, and reliability. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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CoreWeave Could Rise on AI Cloud Demand, Strong Backlog, Oppenheimer Says
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.
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CoreWeave announces agreement to power Perplexity's AI inference workloads
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.
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CoreWeave announced a multi-year partnership with Perplexity to support AI inference workloads on its specialized cloud platform, sending shares up 4%. The deal positions CoreWeave as a key player in AI cloud infrastructure, using dedicated NVIDIA Grace Blackwell-powered clusters while demonstrating its ability to attract major AI companies beyond hyperscale giants.
CoreWeave has secured a multi-year strategic partnership with Perplexity, marking a significant win for the specialized AI cloud provider as it seeks to demonstrate its appeal beyond traditional hyperscale customers
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. The CoreWeave and Perplexity partnership will see Perplexity power its next-generation AI inference workloads on dedicated NVIDIA GB200 NVL72-powered clusters, supporting the company's Sonar and Search API ecosystem as usage scales2
. CoreWeave shares rose 4% following the announcement, reflecting investor confidence in the company's ability to attract a diverse customer base and justify its heavy investments in cloud infrastructure for AI2
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Source: Axios
The partnership underscores CoreWeave's positioning as a specialized AI cloud provider built specifically for compute-intensive AI workloads. Perplexity cited performance as the driving factor behind choosing CoreWeave over competitors. "Every infrastructure decision traces back to one question: Does this make Perplexity better for our users?" said Dmitry Shevelenko, Perplexity's chief business officer
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. Max Hjelm, senior vice president of revenue at CoreWeave, emphasized that "AI applications running in production require more than just access to raw infrastructure - they require best-in-class performance and reliability as well as a cloud platform designed end-to-end for AI"2
. CoreWeave operates GPU-first data centers with full control over its infrastructure, enabling high performance computing, low latency, and flexible deployment capabilities across facilities in the United States and Europe3
.Under the agreement, Perplexity will utilize dedicated Nvidia Grace Blackwell-powered clusters specifically optimized for inference tasks, reflecting the growing demand for specialized computing power in production AI environments
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. Perplexity has already begun running inference workloads with CoreWeave Kubernetes Service as part of the initial deployment phase and is leveraging W&B Models to train, fine-tune, and manage models from experimentation to production2
. The collaboration reflects Perplexity's multi-cloud strategy while positioning CoreWeave to capture more AI workloads from companies operating advanced generative AI systems at scale.Related Stories
CEO Mike Intrator told Axios that "this partnership reflects a wider mix of emerging AI leaders adopting the CoreWeave platform," adding that customers "choose us for our unified AI cloud platform -- not just access to capacity -- and that is building a more diversified CoreWeave business"
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. The move helps CoreWeave convince Wall Street it can attract a broad customer base to justify heavy spending on new data centers, while trying to take advantage of tremendous demand for AI computing without overbuilding1
. CoreWeave holds the only AI cloud to earn top Platinum ranking in both SemiAnalysis ClusterMAX 1.0 and 2.0, which evaluate AI cloud performance, efficiency, and reliability2
.Beyond powering Perplexity's infrastructure, CoreWeave will also deploy Perplexity Enterprise Max across its organization, enabling employees to search the web and internal knowledge, conduct research, visualize data, and access AI models within one platform
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. Founded in 2017, CoreWeave has built its competitive edge through vertical integration from hardware to software, developing proprietary GPU management software that enables intelligent resource allocation, continuous performance optimization, and better cost control3
. The company serves diverse clientele ranging from AI startups to research labs, production studios, and financial institutions, all seeking specialized infrastructure for generative AI model training and inference tasks4
. As demand for computing power surges and more companies move AI systems into production, CoreWeave's specialized approach positions it to capture market share from generalist cloud giants while analysts like Oppenheimer watch the company's ability to convert its strong backlog into sustained growth3
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