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CoreWeave lands major AI deal ahead of critical earnings test

Via GuruFocus.com

CoreWeave lands major AI deal ahead of critical earnings test Faizan Farooque Mon, November 9, 2026 at 11:14 AM EST 1 min read CRWV +5.15% NVDA -6.16% 7201.T +3.45% STLA +0.79% MBG.DE +0.67% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Shares of CoreWeave Inc. (CRWV, Financials) climbed almost 5% on after the firm said it had signed a multi-year deal to offer cloud computing services to British autonomous driving startup Wayve.As part of the deal, Wayve will employ CoreWeave's cloud infrastructure, which runs on Nvidia's Blackwell graphics processing units, to train and test its autonomous driving algorithms.Wayve already employs Weights & Biases, the machine-learning development platform that CoreWeave bought last year. The new deal adds computer infrastructure to the existing connection.Wayve produces self-driving technologies for carmakers such as Mercedes-Benz, Nissan and Stellantis. Strategic cooperation with UberIts technique depends on gathering real-world driving data, training models and evaluating improvements before deploying new systems.The infrastructure of CoreWeave is built to meet the computational needs of those operations.The deal expands CoreWeave's customer base from traditional AI applications to autonomous cars and physical AI.It also gives another evidence of demand for Nvidia's sophisticated technology in areas outside of typical cloud computing.The contract's financials and estimated revenue contribution were not revealed.Next catalyst is Wayve's expansion into CoreWeave Cloud and whether the cooperation adds to future revenue growth.

Read original at Yahoo Finance News

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