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April
10 (Reuters) - Cloud infrastructure firm CoreWeave said on Friday it has struck a deal with Anthropic to supply the AI startup with cloud computing capacity, sending its shares up more than 5% in premarket trading.
The multi-year agreement, whose financial terms were not disclosed, will bring computing capacity for Anthropic online later this year and help it run workloads for its Claude family of AI models.
* The partnership will initially focus on a phasedinfrastructure rollout, with the potential to expand in thefuture, the companies said. * The Anthropic deal is the latest in a series of agreementsthat CoreWeave has signed in recent months, thanks to surgingdemand for computing power required to develop and run AImodels. * CoreWeave struck an $11.9 billion deal with OpenAI last year, a $6.3 billion initial order with Nvidia in September and an expanded $21 billion deal with Meta on Thursday. * The deal with Anthropic would also help CoreWeavediversify its revenue streams further - Microsoft accounted forabout 67% of its revenue last year, and Meta is now among itslargest customers. * CoreWeave, a so-called neocloud, offers hardware and cloudcapacity as services to other tech firms. Its close ties withNvidia have made it a key supplier of advanced AI chips thatlarge AI and tech companies seek. * CoreWeave's shares have risen nearly 29% so far this year,even as the company's rapid increase in capital spending andbacklog risks have dented investor sentiment.(Reporting by Deborah Sophia in Bengaluru; Editing by Diti Pujara)
