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Barchart
Wajeeh Khan

Should You Chase the Perplexity-Driven Rally in CoreWeave Stock?

CoreWeave (CRWV) shares charged higher on Wednesday as the “AI Neocloud” specialist secured a major deal with one of the industry’s fastest-growing search disruptors — Perplexity AI. This multi-year strategic partnership will see Perplexity utilize CRWV’s dedicated GB200 NVL72 clusters to scale its Sonar and Search API ecosystem. 

In return, the Livingston-headquartered firm will integrate Perplexity’s Enterprise Max across its operations. Despite today’s gains, CoreWeave stock remains down more than 25% versus its year-to-date high. 

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