CoreWeave stock pops 11% on agreement to power Anthropic's Claude
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CoreWeave announced Friday that it has entered a multi-year agreement with Anthropic to power its Claude artificial intelligence models as demand for infrastructure continues to climb.
Key facts
The deal comes one day after Meta committed to spending an additional $21 billion with the AI cloud provider
Shares of the neocloud climbed 11% following the news
With the addition of Anthropic, nine of the leading ten AI model providers now leverage CoreWeave's platform, reflecting the growing demand for infrastructure that can support AI at scale
CoreWeave declined to disclose the value of the Anthropic deal
Summary
"With the addition of Anthropic, nine of the leading ten AI model providers now leverage CoreWeave's platform, reflecting the growing demand for infrastructure that can support AI at scale," CoreWeave said in the announcement. The deal comes one day after Meta committed to spending an additional $21 billion with the AI cloud provider.