CoreWeave Just Scored a Major Anthropic Data Center Deal. Does That Make CRWV Stock a Buy Here?

Artificial intelligence (AI) is fast becoming an infrastructure race, and CoreWeave (CRWV) has found itself right in the middle of it. The company, which started out in crypto, now runs cloud systems built to handle heavy AI workloads, helping businesses scale quickly as demand for computing power surges.

That rising demand is now showing up in big deals. CoreWeave recently signed a multi-year data center agreement with Anthropic to support its Claude AI models. The plan is to roll out additional compute capacity over time, using advanced chips from Nvidia (NVDA) across U.S. facilities. The news gave the stock a lift, as investors took it as another sign that CoreWeave is becoming a key player in the AI buildout.