TLDR
- CoreWeave rallies on major Poolside AI partnership backed by NVIDIA.
- Project Horizon marks CoreWeave’s leap into Texas as an AI powerhouse.
- 40,000 GPUs to fuel Poolside’s AGI ambitions with top-tier cloud power.
- CoreWeave scales fast through innovation, acquisitions, and ML leadership.
- AI energy independence achieved with Horizon’s self-powered design.
CoreWeave, Inc. (CRWV) closed the trading day at $139.24, rising 3.86% after midday weakness and a late rally. In after-hours trading, the stock edged slightly lower to $138.30, dipping 0.68% after the earlier gains.
CoreWeave, Inc. (Nasdaq: CRWV)
The movement followed a major announcement involving a strategic partnership with Poolside, a foundation model firm backed by NVIDIA.
The agreement positions CoreWeave as the exclusive provider of AI cloud infrastructure to support Poolside’s artificial general intelligence ambitions. The company will deploy over 40,000 GPUs using NVIDIA GB300 NVL72 systems, reinforcing its position in high-performance computing. This hardware boost places CoreWeave among the leaders delivering capacity for large-scale reinforcement learning.
This partnership underlines CoreWeave’s strategy to scale AI workloads and secure advanced silicon access for clients. Poolside’s choice reflects confidence in CoreWeave’s reliability, performance, and operational expertise. With capacity demands rising, CoreWeave has moved quickly to lock in hardware for scalable deployment.
CoreWeave Anchors Project Horizon as West Texas Becomes AI Hub
CoreWeave also announced its anchor role in Project Horizon, Poolside’s two-gigawatt AI campus in West Texas. The first phase will bring 250 megawatts online, with an option to expand by an additional 500 megawatts. Construction across 500 acres of Mitchell family land will be complete by early 2027.
Unlike traditional data centers, Horizon will self-generate power using natural gas from the surrounding Permian Basin infrastructure. Occidental Petroleum previously built the on-site gas plant, enabling operations to remain independent from the Texas state power grid. This setup reduces power risk and operating costs, setting a new standard for energy-efficient AI campuses.
CoreWeave will start operations at the site by the end of next year, using modular builds to accelerate deployment. It has secured enough capacity to support massive compute workloads as demand for AI training grows rapidly. The site’s fiber connectivity also ensures low-latency data transfer essential for real-time AI operations.
CoreWeave Expands Through Innovation, Strategic Acquisitions, and Benchmark Leadership
CoreWeave continues to scale through targeted acquisitions and leadership in ML performance. Recent additions include Monolith AI, OpenPipe, and Weights & Biases to enhance capabilities across engineering, reinforcement learning, and model management. These moves add depth and extend CoreWeave’s AI tool ecosystem.
The company consistently sets performance benchmarks, including top MLPerf rankings, validating its infrastructure’s competitive edge. It supports a growing AI ecosystem that demands both compute scale and engineering flexibility. CoreWeave offers this at speed through an integrated cloud-native platform.
CoreWeave has earned trust from top AI developers by combining high-end infrastructure with expert support. Its business model prioritizes speed-to-scale and predictable delivery. With the Poolside deal and Project Horizon, CoreWeave is executing its vision of enabling the future of intelligent compute.
