Coreweave, Inc. (Nasdaq: CRWV) has signed a multi-year agreement with Anthropic to provide cloud infrastructure for the development and deployment of Anthropic’s Claude family of artificial intelligence models. The deal, announced on April 11, 2026, will bring compute capacity online in a phased rollout starting later in 2025, with potential for future expansion. Financial terms were not disclosed.
Key Details of the Agreement
Under the agreement, Anthropic will leverage Coreweave's GPU-accelerated cloud platform to run production-scale workloads. Coreweave's infrastructure stack includes GPU compute, high-throughput storage, low-latency networking, and managed software tools built specifically for AI training and inference. Michael Intrator, co-founder, CEO and chairman of Coreweave, commented: “We’re excited to work with Anthropic at the center of where models are put to work and performance in production shows up. It’s exactly the kind of real-world deployment of AI that Coreweave was built for.”
Anthropic, founded in 2021 and headquartered in San Francisco, is a leading AI research company in the United States. Its Claude models compete directly with offerings from OpenAI and Google. As demand for Claude grows across developers, startups, and enterprise customers, Anthropic has been expanding its infrastructure partnerships.
Coreweave’s Expanding Client Roster and Financial Strength
With the addition of Anthropic, Coreweave now counts nine of the world’s top 10 AI model providers among its clients. The company's customer base already includes Microsoft, OpenAI, and Meta. OpenAI holds a contract valued at over $12 billion, while Meta signed an expanded infrastructure agreement worth $21 billion. Microsoft has historically accounted for more than 60% of Coreweave’s revenue, though the company has been working to diversify that concentration.
Coreweave went public on the Nasdaq on March 28, 2025, raising approximately $1.5 billion in one of the largest AI-related listings at that time. The company reported $5.13 billion in revenue for the full year 2025 and carries a revenue backlog of $66.8 billion. It projects revenue of $12 billion to $13 billion for 2026. In 2026, Coreweave plans capital expenditure of $30 billion to $35 billion to fuel continued expansion, targeting a revenue run-rate above $30 billion by the end of 2027.
Infrastructure Scale and Technology Leadership
Coreweave operates 32 to 43 data centers across the United States and Europe, deploying hundreds of thousands of Nvidia GPUs, including H100, H200, and the Blackwell series GB200 NVL72. The company holds the top Platinum ranking in both Semianalysis ClusterMAX 1.0 and 2.0, which evaluate AI cloud performance, efficiency, and reliability. It also holds an industry-leading MLPerf benchmark score for AI workloads. Coreweave has set a target of 1.7 gigawatts of power capacity by end-2026, with a longer-term goal of multi-gigawatt expansion in partnership with Nvidia by 2030.
From Ethereum Mining to AI Cloud Giant
Coreweave was founded in 2017 as Atlantic Crypto, an ethereum mining operation. After the 2018 to 2019 crypto market downturn, the company shifted its GPU inventory toward rendering and machine learning workloads, rebranded to Coreweave, and moved fully into AI cloud infrastructure as generative AI demand accelerated. Nvidia holds a strategic investment in Coreweave and committed an additional $2 billion in 2026. The chipmaker’s GPUs form the core of Coreweave’s compute offering.
The partnership with Anthropic marks another milestone for Coreweave in the AI cloud space and underscores the surging global demand for AI infrastructure.