Overview
- Shares rose 11.1% for the week, according to S&P Global Market Intelligence.
- CoreWeave announced it will power Perplexity’s newest inference workloads, drawing public praise from the AI firm’s chief business officer.
- Investors viewed Nvidia’s $2 billion investment in Nebius, alongside its minority stake in CoreWeave, as a sign that data‑center demand remains strong.
- Oppenheimer initiated coverage with an Outperform rating and a $140 price target, citing strengths in GPU infrastructure and AI software.
- The company reports rapid growth—Q4 revenue up 110% to $1.6 billion and a revenue backlog near $70 billion—yet rising debt and losses keep profitability in question.