CoreWeave Inc.'s stock surged 5.03% during the pre-market trading session following the announcement of a significant new strategic partnership.
The cloud infrastructure provider has entered into a multi-year agreement with artificial intelligence company Perplexity. Under the deal, Perplexity will power its next-generation AI inference workloads on CoreWeave's platform, utilizing dedicated NVIDIA GB200 NVL72-powered clusters. This partnership represents a major expansion of CoreWeave's AI infrastructure business.
In a reciprocal arrangement, CoreWeave will also implement Perplexity Enterprise Max across its organization to enhance internal search, research, and data analysis capabilities. The agreement signals growing demand for CoreWeave's specialized AI cloud services and is expected to contribute to the company's revenue growth through this strategic collaboration.