CoreWeave, Inc. (NASDAQ: CRWV) shares surged roughly 14% after the company announced it had become the first AI cloud provider to complete bring-up and full system-level validation of NVIDIA (NASDAQ: NVDA) Vera Rubin NVL72.
The Vera Rubin NVL72 platform combines 72 Rubin GPUs and 36 Vera CPUs connected through NVIDIA’s next-generation NVLink architecture, delivering better inference efficiency and lower costs than the previous Blackwell generation.
CoreWeave had previously gained recognition for rapidly scaling deployments of NVIDIA Hopper and Blackwell systems, and its ability to bring Vera Rubin online ahead of competitors reinforces its status as one of NVIDIA’s closest infrastructure partners.
The achievement positions CoreWeave at the forefront of next-generation AI infrastructure, strengthening its competitive advantage in the rapidly expanding AI cloud market.
Beyond hardware, CoreWeave introduced Valvey, a programmable liquid-cooling management platform that monitors and automates rack-level cooling to improve reliability and uptime in dense AI clusters.
The company also unveiled Racky, a unified rack-control appliance that centralizes power, cooling, and environmental management, enabling cloud-like scalability across large GPU deployments.
CoreWeave supports NVIDIA Quantum-X800 InfiniBand and Spectrum-X Ethernet networking, delivering up to 1.6 Tb/s of non-blocking bandwidth per GPU to maximize performance for communication-intensive AI workloads.
The company collaborated with infrastructure partners including Dell, which supplied PowerEdge XE9812 servers, and Micron, which provided 7600 SSDs for liquid-cooled rack-scale storage.
Nebius Group N.V. (NASDAQ: NBIS), a competing AI cloud provider, announced plans to deploy NVIDIA Vera Rubin NVL72 across Nebius AI Cloud and Token Factory in the second half of 2026, targeting both U.S. and European markets.
In March, NVIDIA invested $2 billion in NBIS to jointly develop the next generation of hyperscale AI cloud infrastructure, with Nebius planning to deploy more than 5 GW of AI computing capacity by 2030.
Amazon.com Inc. (NASDAQ: AMZN) is also deepening its AI footprint, having landed more than 2.1 million AI chips over the past 12 months, more than half of which were Trainium, alongside announcing over 1 million NVIDIA GPUs to be deployed starting in 2026.
AWS announced new agreements with major enterprises including OpenAI, Anthropic, Meta Platforms, NVIDIA, Uber, U.S. Bank, Fox Corporation, Southwest Airlines, the U.S. Army, Bloomberg, Cerebras, AT&T, DTCC, and Nokia.
CoreWeave shares have gained 57.3% over the past six months, compared to a 3.7% decline recorded by the Internet Software industry over the same period.
In terms of Price/Book, CRWV shares are currently trading at 11.62X, well above the Internet Software Services industry average of 4.81X.
The Zacks Consensus Estimate for CRWV’s earnings for the current year has been drastically revised downward over the past 60 days, and the stock currently carries a Zacks Rank of Hold.
