CoreWeave

Recent news

• Sep 30, 2026

  CoreWeave Targets Enterprises with Forge Platform

  CoreWeave has announced CoreWeave Forge, an integrated software platform for organizations to develop, run, and continuously improve AI models and agents.

  • The platform was announced Sept. 30 during CoreWeave’s Fully Connected event in San Francisco and is available today in Free, Pro, and Enterprise editions.
  • CoreWeave said Forge unifies existing products with new software for training, inference, evaluation, observability, and agent development; it also launched a partner network with VAST Data, CrowdStrike, and ClickHouse.
  • The company also said Nvidia Vera CPU access is in early phases, Vera Rubin NVL72 is now available on its cloud platform, and Cognition is the first customer running workloads on the hardware platform.
  • CoreWeave Aria is now available after being previously in preview; the AI research assistant helps customers analyze data and recommend improvements.
• Aug 27, 2026

  QumulusAI Scales GPUs, but Powered Capacity Sets the Pace

  QumulusAI reported its second-quarter results and said it signed $169.7 million in new customer agreements while more than tripling its deployed GPU fleet.

  • Deployed GPUs rose to 3,088 at the end of June from 952 three months earlier; the company signed 21 new direct AI compute contracts and brought cumulative signed customer contract value to $282.5 million across 40 multiyear agreements.
  • QumulusAI ended the quarter with 8 MW of HPC capacity under executed lease and colocation agreements, all committed to customers, and has contracted for up to 3.75 MW in metropolitan Atlanta for expected service in the fourth quarter; it also purchased 1,632 Nvidia Blackwell B300 GPUs during the quarter.
• Aug 3, 2026

  Nvidia’s Next Move? Financing AI

  Nvidia is described as expanding into AI infrastructure financing by offering minimum revenue guarantees to neocloud operators, effectively acting as a backstop for GPU fleet rentals.

  • The article says Nvidia commits to purchase compute capacity if cloud operators cannot fully rent out their GPU fleets, and in return receives a share of revenue above the guaranteed level.
  • It frames the move as a response to financing becoming a major bottleneck for AI infrastructure, alongside prior constraints from data center capacity and chip supply; the piece also cites Nvidia’s $80.5 billion cash, cash equivalents, and short-term investments as of Q1 FY2027 ended April 26, 2026.
  • This is commentary/analysis based on a SemiAnalysis report, not a first-time corporate announcement from Nvidia.
• Jul 28, 2026

  Galaxy’s 500-Acre Texas AI Campus Reflects New Grid Model

  Galaxy Digital has announced a new AI and high-performance computing campus in McGregor, Texas, after acquiring 500 acres for the project known as “Project Merlin.”

  • The first phase is expected to reach 74 MW and begin receiving power in 2028, with the campus later expanding into a multi-hundred-megawatt site through 2030 as transmission infrastructure is added.
  • Galaxy says it will privately fund an on-site substation, provide financial assurances for utility upgrades, and pay for additional water infrastructure; the project is also expected to involve more than $400 million in planned investment and include six to eight data center buildings.
  • The company said the site is being developed with the McGregor Economic Development Corporation and Heart of Texas Electric Cooperative, and that its earlier Helios campus in Texas has already delivered about 200 MW of gross power, including 133 MW of critical IT load, under a long-term lease with CoreWeave.
• Jul 14, 2026

  Google is customer behind 2.7GW data center campus near Cheyenne, Wyoming

  Google has revealed itself as the company behind the Project Jade data center campus near Cheyenne, Wyoming, and the project has been renamed Project Tembo.

  • The campus is planned on a 716-acre parcel eight miles south of Cheyenne in the Switchgrass Industrial Park and is described as a 2.7GW data center development.
  • The application says four data halls, an office hub, logistics and network buildings are planned, with construction slated to be completed by 2031; the site was previously associated with Crusoe, which said in June it had paused work at the request of its customer.
  • Google’s subsidiary Jupiter Star Holdings, LLC is now listed as the developer, while Tallgrass Energy said it was still building a bring-your-own power generation hub and Google’s application says it will also use energy resources from Black Hills Energy.
  • The article also notes other large Cheyenne projects from Microsoft, Meta, and Related Digital/CoreWeave for local context.
• Jul 14, 2026

  How Yotta Is Building Its AI Infra Playbook To Serve Global Enterprises

  Yotta Data Services has announced plans to scale its AI cloud and financing for AI infrastructure while preparing for an IPO.

  • The company expects its cumulative AI infrastructure investment to exceed $7 Bn by FY27 and says about $4 Bn has already been committed to AI infrastructure.
  • Yotta has raised $150 Mn from non-institutional investors at a valuation of ₹37,000 Cr (about $3.9 Bn), plans to file its DRHP in the coming months, and is targeting about $1.5 Bn across pre-IPO rounds and the IPO.
  • Yotta expects its AI cloud to scale to 40,000+ NVIDIA Blackwell GPUs in four months and 85,000 GPUs by the end of the financial year; it also said an April partnership with Gorilla added $2.8 Bn to an agreement initially valued at $500 Mn.
• Jul 9, 2026

  Cerebras to deploy 200MW of compute in Europe by end of 2027

  Cerebras Systems has announced it will bring its first data center capacity online in Europe by the end of 2026 and aims to deploy 200MW across Europe by the end of 2027.

  • Europe expansion will focus on France and the Nordics, with data centers slated for Norway and Finland; CEO Andrew Feldman said the company is contracting significant capacity for 2027.
  • The article also notes prior and parallel capacity deals: 40MW leased from a Digi Power X data center in Alabama in May, plus deployments in the US, Canada, and other regions; no European operator partners were named.
• Jul 7, 2026

  Galaxy Digital completes first phase of pivoting cryptomine to AI hosting

  Galaxy Digital has announced completion of the first phase of its Helios campus pivot toward AI and HPC use, delivering power to CoreWeave.

  • Phase I at the Helios data center campus in West Texas is complete and has delivered about 200MW gross power and 133MW critical IT load to CoreWeave; Phase II greenfield development is underway with 260MW planned.
  • CoreWeave has committed to 526MW critical IT load (800MW gross power) across three phases under 15-year leases; Galaxy says the campus total approved power capacity has expanded to 1.63GW, with potential to reach 3.6GW. Galaxy acquired the campus in late 2022 from Argo Blockchain for about $65 million and later announced the pivot to AI use.
• Jul 6, 2026

  Anthropic signs $19bn, 20-year lease for Kentucky data center with TeraWulf

  TeraWulf has announced a long-term lease with Anthropic for its Justified Data campus in Hawesville, Kentucky, and separately said it is selling its 50.1% ownership interest in the Abernathy Joint Venture.

  • Anthropic lease: the agreement runs for 20 years and is expected to generate about $19 billion in revenue for TeraWulf; the campus is planned for up to 401MW of IT capacity, with initial capacity in the second half of 2027 and full operations by early 2028.
  • Abernathy JV sale: TeraWulf said it is divesting its entire 50.1% ownership in the JV with Fluidstack in Abernathy, Texas; the JV was formed in October 2025 for a 168MW data center on a 120-acre campus, and TeraWulf said the deal helps it realize value from its $450m investment.
• Jul 2, 2026

  Nvidia acts as backstop for customer GPUs in return for cut of cloud revenue

  Nvidia has announced a new credit-support and revenue-sharing model for AI cloud customers purchasing its AI chips.

  • Nvidia said the model lets AI clouds procure Nvidia infrastructure for AI-native, enterprise, and ISV customers through a revenue-sharing and credit-support model.
  • Under the partnership, Nvidia will rent back unused GPUs at a fixed rate and earn both standard product revenue and a share of cloud revenue on supported capacity; Firmus and Sharon AI are among the first adopters.
  • Firmus is deploying 170,000 GPUs in Batam, Indonesia; Sharon AI is deploying 40,000 GB300 GPUs.
  • The article also references earlier 2025 deals with CoreWeave and Lambda, including a September 2025 CoreWeave agreement valued at $6.3bn and a Lambda deal valued at $1.5bn.
• Jul 2, 2026

  Meta pushes ahead with plans to launch cloud business - report

  Meta is reportedly planning a new cloud computing business unit to sell access to AI computing power and models.

  • People familiar with the matter told Bloomberg that Meta is developing plans for a cloud business; Mark Zuckerberg had previously said the idea was “definitely on the table” but not an active plan.
  • Meta CFO Susan Li said 2026 capex expectations were raised to $120 billion-$135 billion, reflecting higher component pricing and additional data center costs; Meta Compute was created earlier this year to expand data center capacity, with Zuckerberg saying it is planning “tens of gigawatts this decade” and “hundreds of gigawatts or more over time.”
• Jul 2, 2026

  Bulk buys land in Arendal, Norway, for data center development

  Bulk Infrastructure has announced the acquisition of a plot in Arendal, Norway, where it plans to develop a data center with a 150MW grid connection by the end of 2029.

  • Arendal officials approved the sale of plot no. 25, block no. 121 on Longum Nord for NOK 600 million ($60.47m); the land is located in the Eyde Material Park and will be acquired via Bulk Data Centers Arendal AS.
  • The municipality bought the plot in 2024 for NOK 200 million ($20.16m) and had planned a recycling facility, but those plans were dropped; the park totals 250 hectares and claims 800MW of power availability, while the Longum Nord portion totals 82 hectares.
• Jun 26, 2026

  Galaxy Digital eyes second Texas data center site, buys land outside Waco

  Galaxy Digital has announced an agreement to acquire land in McGregor, Texas (Project Merlin) to develop a new data center campus.

  • Main announcement: Galaxy Digital aims to acquire 500 acres in McGregor’s industrial park (Project Merlin) and invest some $400 million to develop up to eight buildings, with the site to use closed-loop cooling systems to reduce water usage and Galaxy covering infrastructure upgrade costs.
  • Background and other details: The move would be Galaxy’s second Texas campus after its 160-acre Helios campus (acquired from Argo Blockchain for approximately $65 million in late 2022); Helios has an 800MW approved capacity (fully leased to CoreWeave) and a lease projected to generate average annual revenue of more than $1 billion over a 15-year term.
• Jun 24, 2026

  CoreWeave signs colocation agreement with Conapto in Sweden

  CoreWeave has signed a colocation agreement to lease capacity from Conapto in Sweden.

  • Colocation agreement signed: CoreWeave will lease capacity from Conapto’s Stockholm campuses, with initial capacity already online at Stockholm 4 South; CoreWeave will deploy Nvidia Blackwell and Vera Rubin GPUs connected via Nvidia Quantum-X800 InfiniBand, and the deal brings CoreWeave’s European presence to eight sites.
  • Site and operational details: Stockholm 4 South is Conapto’s newest and largest data center with 32MW IT capacity across 3,000 sqm; Conapto provides 100% renewable energy and heat recovery to Stockholm’s district heating network, with power supplied via Vattenfall 24/7 matching; CoreWeave reported operating in 49 data centers globally with >1GW active power and 3.5GW contracted as of March 31, 2026.