CoreWeave announced a multi‑year compute agreement with Anthropic on April 10 2026 to power the Claude AI models. While the parties have not disclosed the financial terms, the contract is expected to be substantial, given CoreWeave’s recent $21 billion expansion with Meta Platforms.
The partnership expands CoreWeave’s customer base to nine of the ten leading AI model providers, reducing concentration risk. CoreWeave’s revenue backlog reached $66.8 billion as of December 31 2025, and 2025 revenue was $5.13 billion, up 167.9% year‑over‑year.
The deal is part of CoreWeave’s strategy to scale AI‑specific data center capacity. The company has been investing heavily in GPU‑first infrastructure, including NVIDIA GB200 NVL72 instances and plans to add NVIDIA Rubin technology.
CEO Michael Intrator said, "AI is no longer just about infrastructure, it's about the platforms that turn models into real‑world impact. 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." CFO Nitin Agrawal added, "This year's performance reflects disciplined execution... Our revenue backlog grew to $66.8 billion, more than four times where we began the year, providing exceptional visibility as we scale into 2026 and beyond."
The agreement follows CoreWeave’s recent $21 billion expansion with Meta Platforms announced on April 9 2026, which extends through December 2032. Together, these contracts underscore CoreWeave’s growing role as a critical infrastructure partner for leading AI developers and provide long‑term revenue visibility.
The compute capacity for Anthropic’s Claude models is expected to be deployed later in 2026, positioning CoreWeave to meet the growing demand for high‑performance AI workloads.
The announcement was well received by investors, reflecting confidence in CoreWeave’s diversified customer base and long‑term revenue prospects. The deal validates CoreWeave’s strategy to become a specialized AI cloud provider, competing with hyperscalers by offering tailored, high‑performance infrastructure.
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