"CoreWeave stock opened at $93.44, surged to an intraday high of $105.90 by 11:00 a.m. EST, and has since stabilized near $103 through the afternoon session."
"The significance of landing Anthropic as a customer is hard to overstate. Anthropic's revenue run rate has topped $30 billion, up from $9 billion at the end of 2025."
"Under the multiyear agreement, CoreWeave will provide computing capabilities to build and power Anthropic's Claude AI models, with Anthropic running workloads at production scale."
CoreWeave's stock increased by 12% following a multiyear agreement with Anthropic to provide cloud computing for Claude AI models. This follows a $21 billion deal with Meta Platforms. The stock opened at $93.44, peaked at $105.90, and stabilized around $103. The agreement allows for a phased rollout and potential future expansion. Anthropic's revenue run rate has significantly increased, necessitating substantial compute supply, which CoreWeave aims to fulfill. Anthropic is also exploring additional compute sources and designing its own AI processors.
Read at 24/7 Wall St.
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