Latest news with #WeightsAndBiases
Globe and Mail
2 days ago
- Business
- Globe and Mail
Can CoreWeave Turn Weights & Biases Into a Competitive Advantage?
CoreWeave, Inc. CRWV has announced the acquisition of Weights & Biases, a leading AI developer platform, as part of its strategy to strengthen its leadership in high-performance AI cloud infrastructure. First announced in March 2025, the acquisition combines CoreWeave's powerful compute capabilities with Weights & Biases' suite of tools for model training, evaluation and monitoring—creating a unified, end-to-end platform for AI development. This integration is designed to accelerate AI innovation and enhance user productivity, while continuing to support flexible deployment across any infrastructure. The acquisition of Weights & Biases added a customer base of more than 1,400 organizations. Management believes this combination will unlock greater value for the shared customers. At the same time, it continued to raise the bar on performance, becoming the first to deploy GB200 Grace Blackwell systems at scale on an AI cloud platform, powering top AI innovators like Mistral, IBM and Cohere. Earlier this month, CoreWeave and Weights & Biases made their first joint product launch, showcasing the rapid integration and execution. Three major offerings were introduced, which aim to help AI teams develop, deploy and iterate faster by combining CoreWeave's cloud infrastructure with Weights & Biases' developer platform. The launch comprises Mission Control Integration, which helps AI engineers quickly diagnose and resolve training issues by linking infrastructure events to training runs; Weights & Biases Inference, enabling access to top open-source models through a single interface; and Weave Online Evaluations, which monitors production AI agent performance in real-time across any cloud. Together, these products create a seamless platform to accelerate innovation, improve efficiency and empower developers to scale cutting-edge AI solutions with confidence. For 2025, CoreWeave has guided revenues to be in the range of $4.9-$5.1 billion, fueled by surging AI-infrastructure demand. However, the company faces intense competition in the AI cloud space with Nebius Group N.V. NBIS and Microsoft Corporation MSFT. NBIS & MSFT's Recent Acquisitions in the AI Space CoreWeave's closest emerging competitor, Nebius, based in Amsterdam, is focusing on becoming a specialized AI infrastructure company. Unlike CoreWeave, Nebius has not pursued major acquisitions, but it has incubated a range of AI businesses. Its portfolio includes Toloka for data labeling and evaluation, TripleTen for tech education and Avride for autonomous driving technologies. In May 2025, Toloka secured $72 million in strategic funding led by Jeff Bezos's venture fund, underscoring the strength and potential of Nebius' in-house ventures. Nebius is betting on organic growth and vertical integration to build its position in the AI space. Microsoft continues to expand its AI infrastructure through partnerships and investments. In collaboration with the Wisconsin Economic Development Corporation, the University of Wisconsin-Milwaukee and TitletownTech, Microsoft launched an AI Co-Innovation Lab on the UWM campus. The company is also integrating cutting-edge open-source models like DeepSeek into Azure and GitHub. With its extended partnership with OpenAI and the growing adoption of Azure OpenAI and Microsoft Copilots across its enterprise suite, Microsoft is positioning Azure AI as the core platform for the AI era. The company has more than 60,000 Azure AI customers, up nearly 60% year over year. CRWV Price Performance and Estimates Internet Software industry 's growth of 6.6%. The Zacks Consensus Estimate for CRWV's earnings for 2025 has been unchanged over the past 30 days. CRWV currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Picks Stock Most Likely to "At Least Double" Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren't winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%. See Our Top Stock to Double (Plus 4 Runners Up) >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Nebius Group N.V. (NBIS): Free Stock Analysis Report CoreWeave Inc. (CRWV): Free Stock Analysis Report This article originally published on Zacks Investment Research (
Globe and Mail
20-06-2025
- Business
- Globe and Mail
CoreWeave (CRWV) Bolsters its Growth Story with New AI Cloud Products
Artificial intelligence (AI) cloud provider CoreWeave (CRWV) continues to bolster its growth story with innovative products. At the Weights & Biases Fully Connected Conference held on Wednesday, the company launched three new AI cloud software products and capabilities to help customers develop, deploy, and iterate AI faster. CRWV stock has rallied about 112% over the past month, reflecting investor optimism about the demand for the company's AI infrastructure. Confident Investing Starts Here: CoreWeave Launches New AI Cloud Products CoreWeave, which acquired AI developer platform Weights & Biases in May 2025, launched three new products – Mission Control Integration, W&B Inference, and W&B Weave Online Evaluations, to enable more developers to build AI models on its cloud platform. The launch of these products marks the first software integration between the two companies following the acquisition. The AI cloud computing platform highlighted that these capabilities integrate CoreWeave's infrastructure with Weights & Biases' intuitive tooling to empower AI engineers in training models, performing inference efficiently, and monitoring AI applications. CRWV's Continued Innovation to Boost Demand CoreWeave's efforts to offer innovative products to customers could further strengthen the demand for its platform. Powered by Nvidia's (NVDA) GPUs (graphics processing units), CoreWeave is well-positioned to capture the massive demand for computing from AI companies. This high-growth stock has rallied 325% to $170 from its IPO (initial public offering) price of $40, thanks to optimism about its prospects amid the ongoing AI wave. However, several analysts are concerned about CoreWeave's high cash burn and lofty valuation. Earlier this week, Bank of America analyst Bradley Sills downgraded CRWV stock to Hold from Buy, citing valuation concerns. Is CRWV a Good Stock to Buy? Overall, Wall Street has a Moderate Buy consensus rating on CoreWeave stock based on six Buys, 11 Holds, and one Sell recommendation. The average CRWV stock price target of $78.53 indicates downside risk of about 54% from current levels. See more CRWV analyst ratings Disclaimer & Disclosure Report an Issue
Globe and Mail
13-06-2025
- Business
- Globe and Mail
CoreWeave Guides $4.9-$5.1B in 2025 Revenues: What's Fueling This?
CoreWeave, Inc. CRWV has guided 2025 revenues to be in the range of $4.9-$5.1 billion, fueled by surging AI-infrastructure demand. CRWV is an AI-focused hyperscaler company and its cloud platform has been developed to scale, support and accelerate GenAI. Businesses have been increasing spending on AI inference/fine-tuning, AI workload monitoring and training infrastructure, including training compute, AI servers, AI storage, cloud workloads and networking. This increasing demand for AI-cloud platforms, including integrated software and infrastructure, bodes well for CRWV. Strategic deal wins like the OpenAI contract (which has a value up to $11.9 billion) and a $4 billion expansion with a major AI-enterprise client are driving forward revenue visibility. The company also unveiled the next generation of its CoreWeave AI object storage. This is purpose-built for training and inference, offering a production-ready, scalable solution integrated with Kubernetes. CoreWeave now boasts a growing network with 33 data centers across the United States and Europe, supported by 420 megawatts of active power. Moreover, the buyout of the Weights and Biases has added 1,400 AI labs and enterprises as clients for CoreWeave. Apart from scaling capacity and getting adequate financing for infrastructure, CRWV is also expanding its go-to-market capabilities. With a success-based capex model and expanding global reach, CoreWeave appears well-positioned to capture a significant share of the AI-infrastructure market. On the first quarter earnings call, CRWV highlighted that AI is forecasted to have a global economic impact of $20 trillion by 2030, while the total addressable market is anticipated to increase to $400 billion by 2028. This uptrend in spending will benefit other players in this space, including smaller players like Nebius Group N.V. NBIS and tech behemoths like Microsoft Corporation MSFT. Taking a Look at Revenue Outlook for NBIS & MSFT Driven by accelerating demand for its AI-infrastructure services, Nebius remains confident in achieving the full-year annualized run-rate revenue ('ARR') guidance of $750 million to $1 billion. For 2025, the company also reaffirmed its overall revenue guidance of $500 million to $700 million. In the first quarter of 2025, ARR saw a 700% jump, highlighting a structurally expanding revenue base. ARR for April was $310, which provides a strong start for the second quarter. To gain a larger share of the AI-cloud compute market, NBIS is focusing on technical enhancements that increase reliability and reduce downtime to boost customer retention. Microsoft projects revenues between $28.75 billion and $29.05 billion for the fourth quarter of fiscal 2025 for Intelligent Cloud, while for Azure, it expects revenue growth at constant currency between 34% and 35%. In Enterprise Services, revenues are forecasted to grow in mid-to-high single digits. The rising adoption of enterprise capabilities of Azure OpenAI and Copilots across Microsoft 365, Dynamics 365 and Power Platform bodes well. With Azure AI, Microsoft is establishing itself as the application server for the AI era, offering access to a broad range of models tailored to customers' specific needs around cost, latency and design. The number of Azure AI customers and average spending continue to grow. CRWV's Price Performance Shares of CoreWeave have gained 120.8% year to date compared with the Internet Software industry's growth of 4.1%. CRWV currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Nebius Group N.V. (NBIS): Free Stock Analysis Report CoreWeave Inc. (CRWV): Free Stock Analysis Report This article originally published on Zacks Investment Research (
