CoreWeave (CRWV) has signed a multi-year agreement to supply Anthropic with cloud computing capacity for its Claude AI models, with initial rollout beginning later this year and potential for future expansion.
The announcement drove CoreWeave shares up more than 9% to $100.02 in early Friday trading, building on a series of major recent deals including $11.9 billion with OpenAI, $6.3 billion with Nvidia (NVDA), and $21 billion with Meta (META).
The partnership further diversifies CoreWeave's revenue base, which was previously dominated by Microsoft (MSFT) at about 67% last year, and strengthens its position as a leading specialized provider of high-performance AI infrastructure.

CoreWeave (CRWV) has secured a multi-year agreement to supply Anthropic with significant cloud computing capacity, set to come online later this year and support workloads for the Claude family of AI models. The deal features a phased infrastructure rollout with potential for future expansion, further strengthening CoreWeave's position as a specialized provider of high-performance AI infrastructure.

The announcement drove CoreWeave shares up 9% to $100.02 in early Friday trading. This latest partnership adds to a rapid series of major contracts, including an $11.9 billion agreement with OpenAI last year, a $6.3 billion initial order with Nvidia (NVDA) in September, and an expanded $21 billion deal with Meta (META) announced on Thursday. These agreements are helping CoreWeave diversify its revenue base, which last year was heavily concentrated with Microsoft (MSFT) accounting for about 67% of total revenue.

As a neocloud operator with deep ties to Nvidia, CoreWeave has emerged as a critical intermediary in the AI supply chain, delivering the dense, high-performance clusters that frontier AI labs require. The Anthropic deal underscores growing demand for flexible, purpose-built compute capacity at a time when leading AI developers are racing to scale training and inference operations while reducing reliance on traditional hyperscalers.

With Anthropic itself recently expanding capacity through agreements with Broadcom and Google and exploring its own chip designs, CoreWeave's ability to deliver specialized infrastructure positions it as an increasingly important player in the evolving AI ecosystem.

CoreWeave (CRWV) Jumps on New Anthropic Deal - Wall Street Pit