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Benzinga
Benzinga
Business
Anusuya Lahiri

CoreWeave Stock Jumps As New Ventures Arm Backs AI Startups With Capital And Cloud Power

CoreWeave

Artificial intelligence hyperscaler CoreWeave (NASDAQ:CRWV) is trading higher on Tuesday after announcing the launch of CoreWeave Ventures, a fund and support initiative for founders developing platforms and technologies that drive the next phase of artificial intelligence and computing innovation. The initiative provides capital, computing resources, and technical expertise to accelerate new ideas into real-world applications as demand for AI infrastructure and tools grows across industries.

The program offers startups access to CoreWeave's AI-optimized cloud, production-grade testing clusters, and go-to-market guidance shaped by its enterprise network.

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