By Nate Wolf

CoreWeave stock jumped Wednesday after the artificial-intelligence infrastructure company announced a multi-year partnership with the AI search engine Perplexity.

Perplexity will use CoreWeave's cloud-computing platform to pilot new services and power its AI inference workloads, which involve using large-language models to solve problems. In turn, CoreWeave will roll out Perplexity Enterprise Max, the search engine's most advanced enterprise product, for employees across its organization.

The companies didn't disclose a dollar figure for the agreement.

CoreWeave stock jumped 5.7% in premarket trading Wednesday. Shares have risen 3% this year as of Tuesday's close but cratered last week when the company reported a wider fourth-quarter loss than expected.

Since its initial public offering last March, CoreWeave has become the face of the so-called neoclouds, a collection of companies that operate data centers filled with advanced AI chips. CoreWeave will run Perplexity's inference workloads on Nvidia's rack-scale GB200 AI servers, the company said.

"AI applications running in production require more than just access to raw infrastructure," said Max Hjelm, senior vice president of revenue at CoreWeave. "They require best-in-class performance and reliability as well as a cloud platform designed end-to-end for AI that simplifies compute operations."

Write to Nate Wolf at nate.wolf@barrons.com

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March 04, 2026 09:07 ET (14:07 GMT)

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