By Nate Wolf

CoreWeave has become the first cloud provider to deploy Nvidia's latest artificial-intelligence system, marking another milestone in the high-stakes competition for cloud customers.

The cloud provider now offers fully operational Nvidia Vera Rubin NVL72 systems, which feature more than 100 chips per rack, the company announced Monday. Vera Rubin provides faster, more cost-effective performance as enterprises shift from training AI models to inference -- using models to perform tasks and solve problems.

"CoreWeave has done the full-stack orchestration work to enable Vera Rubin to perform the way it was designed to, not just in a lab, but at production scale for the world's most demanding AI teams," said Chen Goldberg, CoreWeave's executive vice president of product & engineering.

Shares of CoreWeave surged 14% on Monday. The stock has now climbed nearly 75% in 2026. Nvidia shares were also higher Monday after the chipmaker unveiled a new PC chip called RTX Spark.

CoreWeave has emerged as one of the leading neoclouds, a class of companies standing up infrastructure to meet overflowing demand for AI compute. The business model centers on offering chips, hardware, and power as quickly as possible. Investors appear to view being the first neocloud to offer Nvidia's Vera Rubin system represents a leg up.

Nvidia invested in CoreWeave when it was a private startup and invested another $2 billion into the company earlier this year. CoreWeave, meanwhile, continues to rely heavily on Nvidia chips.

The neocloud has developed infrastructure to maximize the Vera Rubin systems, it said. These purpose-built technologies include programmable liquid-cooling and rack-control appliances.

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

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June 01, 2026 11:53 ET (15:53 GMT)

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