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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

CoreWeave Growth Fueled By OpenAI Contracts, Strategic Acquisition, Says Analyst

CoreWeave OpenAI Thomas Blakey Nasdaq CRWV Core Scientific CoreWeave Inc CORZ
CoreWeave Inc.

CoreWeave Inc. (NASDAQ:CRWV) is accelerating its AI infrastructure push, with backlog surging on OpenAI contracts and a $9 billion Core Scientific, Inc. (NASDAQ:CORZ) acquisition in play.

Cantor Fitzgerald analyst Thomas Blakey initiated coverage on CoreWeave with a price forecast of $116.

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