CoreWeave Stock Gains 12% On Anthropic AI Partnership

Shares of CoreWeave, Inc. (CRWV) gained over 12% on Friday after it announced a multi-year agreement with Anthropic.

The stock is currently trading at $103.20, up $11.20 or 12.17%, on the Nasdaq. It opened at $93.44 after closing the previous session at $92.00. The stock has traded between $33.51 and $187.00 over the past 52 weeks.

CoreWeave signed a multi-year agreement with Anthropic to support the deployment of its Claude AI models, with compute capacity coming online later this year.

The phased rollout could expand over time, highlighting strong demand for large-scale AI compute services.