Welcome to our dedicated page for CoreWeave news (Ticker: CRWV), a resource for investors and traders seeking the latest updates and insights on CoreWeave stock.
CoreWeave, Inc. (Nasdaq: CRWV) is a Software - Infrastructure company that operates The Essential Cloud for AI, and its news flow reflects developments across AI infrastructure, enterprise adoption, capital markets, and strategic partnerships. The company regularly issues press releases about enhancements to the CoreWeave Cloud platform, new operating capabilities, and collaborations with technology and research organizations.
Recent news has highlighted CoreWeave’s plans to add NVIDIA Rubin technology, including NVIDIA Vera Rubin NVL72 racks, to its AI cloud platform to support demanding workloads such as agentic AI, drug discovery, genomic research, climate simulation, and fusion energy modeling. The company has also announced expanded functionality for Mission Control, its unified operating standard for large-scale AI workloads, introducing features like Telemetry Relay, GPU Straggler Detection, and the Mission Control Agent.
CoreWeave’s news coverage also includes major customer and partner agreements. The company has disclosed order forms and master services agreements with organizations such as OpenAI, Meta Platforms, Inc., and NVIDIA Corporation, as well as an agreement to power Runway’s next generation AI video models using CoreWeave’s AI cloud platform, integrated software, and data capabilities.
In addition, CoreWeave issues updates on financing and capital structure, including convertible senior notes offerings, credit facilities, and revolving credit facility expansions, along with participation in investor conferences. The company’s involvement in public sector initiatives, such as joining the U.S. Department of Energy’s Genesis Mission and the launch of CoreWeave Federal, also features in its news.
Investors and observers can use the CRWV news feed to follow platform innovations, large customer contracts, public sector engagements, financing transactions, and performance benchmarks that shape CoreWeave’s role in AI infrastructure.
CoreWeave (Nasdaq: CRWV) has successfully priced a private offering of $1,750 million in senior notes due 2031, representing a $250 million increase from the initially announced offering size. The notes will carry a 9.000% interest rate and mature on February 1, 2031.
The offering is expected to close on July 25, 2025, with the notes being issued at par and guaranteed by certain CoreWeave subsidiaries. The company plans to use the proceeds 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.
CoreWeave (Nasdaq: CRWV) has announced plans to offer $1.5 billion in senior notes due 2031 through a private offering to qualified institutional buyers. The notes will be guaranteed on a senior unsecured basis by certain CoreWeave subsidiaries.
The company intends to use the proceeds for general corporate purposes, including repayment of existing debt and covering offering-related expenses. The notes will be offered under Rule 144A and Regulation S of the Securities Act and will not be registered under the Securities Act or other jurisdictions' securities laws.
Weights & Biases (NASDAQ: CRWV) has announced the availability of its W&B Weave platform in the new AI Agents and Tools category of AWS Marketplace. This integration enables customers to easily discover, purchase, and deploy AI agent solutions using their AWS accounts.
The W&B Weave platform provides essential capabilities for AI development including traces, evaluations, monitoring, and guardrails. The solution is already being utilized across various industries including finance, life sciences, and telecoms for applications such as code generation, research analysis, and customer support.
The integration streamlines procurement processes and centralizes purchasing through AWS accounts, offering improved visibility and control over licensing, payments, and access.
CoreWeave (NASDAQ: CRWV) has announced a significant $6 billion investment to develop a state-of-the-art AI data center in Lancaster, Pennsylvania. The facility will initially operate at 100 megawatts (MW) with potential expansion to 300 MW.
The project is expected to create 600 skilled jobs during construction, with 70 full-time positions at launch, scaling to 175 roles over time. Each data center job is projected to generate six additional American jobs. The Lancaster facility will join CoreWeave's network of 33 AI data centers, with 28 located across the U.S.
The announcement was made during a CEO roundtable at Senator Dave McCormick's Pennsylvania Energy and Innovation Summit, attended by Governor Josh Shapiro and other state leaders. The facility aims to strengthen U.S. leadership in AI infrastructure and boost Pennsylvania's position as a strategic hub for the global AI economy.
CoreWeave (Nasdaq: CRWV) has become the first cloud platform to offer NVIDIA RTX PRO 6000 Blackwell Server Edition instances for general availability. The new GPU architecture delivers up to 5.6x faster LLM inference and 3.5x faster text-to-video generation compared to its predecessor, optimized for models up to 70B parameters.
The RTX PRO 6000-based instances feature 8x RTX PRO 6000 GPUs, 128 Intel Emerald Rapids vCPUs, 1TB System RAM, 100 GBps Networking Throughput, and 7.68TB local NVMe storage. CoreWeave now offers one of the broadest ranges of NVIDIA Blackwell infrastructure, including the NVIDIA GB200 NVL72 system and NVIDIA HGX B200 platform.
CoreWeave recently achieved a milestone by submitting the largest-ever MLPerf® Training v5.0 benchmark, training the Llama 3.1 405B model in just 27.3 minutes using nearly 2,500 NVIDIA GB200 Grace Blackwell Superchips.
CoreWeave (NASDAQ: CRWV) has announced a definitive agreement to acquire Core Scientific (NASDAQ: CORZ) in an all-stock transaction. Core Scientific stockholders will receive 0.1235 shares of CoreWeave Class A common stock for each Core Scientific share, valuing the deal at approximately $9.0 billion.
The acquisition will provide CoreWeave with 1.3 GW of gross power across Core Scientific's data centers, plus 1 GW+ potential expansion capacity. The deal is expected to generate $500 million in annual run-rate cost savings by 2027 and eliminate over $10 billion in future lease overhead.
The transaction is expected to close in Q4 2025, subject to regulatory and shareholder approval. Core Scientific stockholders will own less than 10% of the combined company post-closing.
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.