CoreWeave stock rises after announcing federal market expansion By Investing.com
Update: 2025-10-29
Description
CoreWeave, an AI cloud infrastructure company, announces plans to expand into the U.S. federal market, aiming to provide secure and compliant cloud services to government agencies and the Defense Industrial Base. The company is creating a dedicated federal division, adapting its platform to meet strict government standards, and partnering with NVIDIA to offer cutting-edge computing power and networking. CoreWeave sees this expansion as a significant opportunity for economic growth and national security.
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