CoreWeave, Inc. (CRWV) stock rose 8.39% after record-breaking performance with Nvidia's Grace Blackwell chips.

From Yahoo Finance: 2025-06-04 23:57:00

CoreWeave, Inc. (CRWV) saw its stock rise 8.39% on Wednesday to $163.10 after achieving record-breaking performance results with Nvidia’s Grace Blackwell chips. The company used 2,496 Nvidia GPUs on its AI-optimized cloud platform, the largest-ever benchmarked under MLPerf, surpassing the only other submission from a cloud provider by 34x. CoreWeave’s Chief Technology Officer, Peter Salanki, emphasized the platform’s scale, performance, and reliability for demanding AI workloads. This success follows a $7 billion deal with Applied Digital Corporation for hosting AI and HPC infrastructure at its North Dakota data center campus.



Read more at Yahoo Finance: Why CoreWeave, Inc. (CRWV) Skyrocketed Today