CoreWeave announced an exclusive, multi-year partnership with NVIDIA. The agreement provides cloud infrastructure for NVIDIA’s new 'Prometheus' AI model, solidifying CoreWeave’s position as a premier specialized cloud provider for advanced AI workloads.
The integration is a major financial boon, securing $2.2 billion in guaranteed infrastructure revenue for CoreWeave over the next three years.
CoreWeave also gains priority access to NVIDIA's sought-after next-generation Blackwell B200 GPUs. This strategic win widens the company’s competitive moat against hyperscalers, including AWS and Azure.
The market reacted positively to the announcement, with the stock price surging 23% on the day. Trading volume exploded to 12.5 times the 50-day average, driven by large, systematic institutional buying.