CoreWeave, Inc. Stock Price, News & Analysis

CoreWeave (Nasdaq: CRWV) has become the first AI cloud provider to deploy NVIDIA GB300 NVL72 systems, marking a significant advancement in AI infrastructure. The new platform delivers impressive performance improvements, including a 10x boost in user responsiveness, 5x improvement in throughput per watt versus previous Hopper architecture, and a 50x increase in reasoning model inference output.

The deployment, achieved through collaboration with Dell, Switch, and Vertiv, integrates with CoreWeave's cloud-native software stack. This milestone follows CoreWeave's recent achievements, including the acquisition of Weights & Biases and setting a record in MLPerf® Training v5.0 benchmark using NVIDIA GB200 Grace Blackwell Superchips.

CoreWeave (CRWV) announced three new AI cloud software products at the Weights & Biases Fully Connected Conference, marking their first software integration since acquiring Weights & Biases in May 2025. The new offerings include Mission Control Integration for cluster health management through W&B Models, W&B Inference powered by CoreWeave Cloud Platform for accessing open-source AI models, and W&B Weave Online Evaluations for real-time AI agent performance monitoring. These tools aim to help AI developers train models, perform inference, and monitor production AI applications more efficiently. The integration comes just six weeks after CoreWeave's acquisition of Weights & Biases, demonstrating rapid product development and integration between the two companies.

CoreWeave (CRWV), NVIDIA, and IBM achieved record-breaking MLPerf Training v5.0 results using 2,496 NVIDIA GB200 Blackwell GPUs on CoreWeave's AI cloud platform. The submission represents the largest NVIDIA GB200 NVL72 cluster ever benchmarked, 34x larger than other cloud provider submissions. The cluster completed training the Llama 3.1 405B model in just 27.3 minutes, demonstrating 2x faster training performance compared to similar-sized clusters. CoreWeave's achievement showcases their platform's capability to deliver superior AI workload performance, offering customers significant advantages in model development speed and cost efficiency. The company's leadership in AI infrastructure is further validated by its Platinum tier ranking in SemiAnalysis' ClusterMAX and strong performance in both MLPerf Inference v5.0 and Training v5.0 benchmarks.

CoreWeave (NASDAQ: CRWV), the AI Hyperscaler, has appointed Ernie Rogers as Chief Architect of Strategic Financing. Rogers joins from Magnetar, where he served as Chief Operating Officer managing operations, finances, and various teams. His prior experience with CoreWeave includes roles as an investment partner, operational advisor, and board member. The appointment aims to drive CoreWeave's next growth phase, leveraging Rogers' extensive financial strategy and operational leadership experience. Michael Intrator, CEO of CoreWeave, highlighted Rogers' deep understanding of the business, while Magnetar's Managing Partner David Snyderman expressed confidence in CoreWeave's direction and leadership.

CoreWeave (NASDAQ: CRWV) has successfully closed its private offering of $2,000 million in senior notes with a 9.250% interest rate, maturing on June 1, 2030. The notes, guaranteed by CoreWeave Cash Management LLC, were offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.

The AI Hyperscaler company plans to utilize the proceeds for general corporate purposes, including debt repayment and offering-related expenses. The notes are not registered under the Securities Act and cannot be sold in the U.S. without exemption from registration requirements.

CoreWeave (CRWV) has appointed Carl Holshouser as Vice President of Government Affairs. Holshouser brings 20 years of government relations and policy experience, most recently serving as Executive Vice President at TechNet. His expertise spans technology, financial services, and Capitol Hill, with notable achievements in AI, privacy, trade, cybersecurity, and semiconductors policy.

This strategic appointment follows several other key leadership additions at CoreWeave in 2025, including Jean English as CMO (from Juniper Networks), Jim Higgins as CISO (former CISO at Snap Inc. and Block, Inc.), and Sandy Venugopal as CIO (previously at SentinelOne and Uber).

CoreWeave (NASDAQ: CRWV) has successfully priced a private offering of $2,000 million in senior notes, representing a $500 million increase from the initially announced offering size. The notes, carrying a 9.250% interest rate and maturing on June 1, 2030, will be guaranteed by CoreWeave Cash Management LLC, a wholly-owned subsidiary.

The offering is expected to close on May 27, 2025, with the notes being issued at par. The proceeds will be used for general corporate purposes, including debt repayment and offering-related expenses. The notes are being offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.

CoreWeave (CRWV) has announced its intention to offer $1.5 billion in senior notes due 2030 through a private offering. The notes will be guaranteed on a senior unsecured basis by CoreWeave Cash Management LLC, a wholly-owned subsidiary. The company plans to use the proceeds for general corporate purposes, including repayment of existing debt and offering-related expenses.

The offering is exclusively available to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act. The notes have not been registered under the Securities Act and cannot be sold in the United States without meeting exemption requirements.

CoreWeave (NASDAQ: CRWV) reported its Q1 2025 financial results, showing substantial growth. Revenue surged 420% to $981.6 million compared to Q1 2024. The company's revenue backlog reached $25.9 billion, including $14.7 billion in RPO. Despite strong top-line growth, CoreWeave posted an operating loss of $27.5 million and a net loss of $314.6 million. Key Q1 highlights include a strategic partnership with OpenAI adding $11.2 billion to backlog, collaboration with IBM for compute capacity, and expansion of infrastructure to ~420 MW of active power. The company completed its IPO, raising $1.4 billion in net proceeds. Adjusted EBITDA grew 480% to $606.1 million with a 62% margin, while Adjusted Operating Income increased 550% to $162.6 million.