CoreWeave Rockets 12% on Anthropic Deal: Two Landmark Contracts in Two Days for the AI Cloud King
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CoreWeave's stock surged 12% after announcing a multiyear agreement with Anthropic to provide cloud computing capabilities. This is the company's second landmark contract in two days, following a $21 billion expanded agreement with Meta Platforms.
CoreWeave's stock is up 12% after announcing a deal with Anthropic. The company will provide cloud computing capabilities for Anthropic's Claude AI models. This is CoreWeave's second major contract in two days, after a $21 billion agreement with Meta Platforms. CoreWeave's total revenue backlog now stands at over $66.8 billion. The company is guiding for $12-13 billion in 2026 revenue. CoreWeave is assembling a roster of major AI companies as customers.
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