CoreWeave said Monday it has signed a $6.3 billion initial order with Nvidia with a condition that the AI chip star buys unsold capacity, sending shares in the cloud computing platform surging.

The deal offers some reassurance to CoreWeave investors in light of the company's heavy customer concentration and rampant competition for cloud offerings CoreWeave's stock was up more than 6% during ...

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CoreWeave shares got a boost after the company said it secured a new order for cloud computing capacity under a previously undisclosed contract with Nvidia that's worth up to $6.3 billion. The stock ...

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