CoreWeave announces multiyear cloud deal with Anthropic as stock rises 10%

CoreWeave said it will provide Anthropic with cloud computing to run AI models at production scale under a multiyear agreement, and the article mentions CoreWeave shares closed about 10% higher after the announcement.

CoreWeave announced a multiyear agreement to provide Anthropic with cloud computing capacity to run its AI models at production scale. The companies said the rollout will be phased and could be expanded in the future. The announcement coincided with a market reaction: the article mentions CoreWeave stock closed about 10% higher on Friday. The deal comes as AI firms are working to secure more semiconductor and compute capacity. Key facts: - CoreWeave and Anthropic signed a multiyear agreement for CoreWeave to provide cloud compute for Anthropic's AI workloads. - The companies described an initial phased rollout with the option to expand, and they did not disclose pricing or how many gigawatts of chips the deal covers. - The article mentions CoreWeave stock closed roughly 10% higher on the trading day after the announcement. - Reuters previously reported Anthropic is considering designing its own semiconductors and is working with Broadcom and Google to use about 3.5 gigawatts of Google's Broadcom-made TPUs. - CoreWeave said capacity for related deals will be spread across multiple data center locations and include some early deployments of Nvidia's upcoming Vera Rubin system. Summary: The agreement positions CoreWeave to supply Anthropic with production-scale compute and reflects broader industry efforts to secure AI chip and compute capacity. Undetermined at this time.