Articles
Crypto Market Analysis

CoreWeave lands multi-year agreement with Anthropic to run AI workloads

User Image

익명에 의해

생성됨 April 11, 2026|2 분 독서
Main Image

CoreWeave said the agreement means it now serves nine of the 10 major developers of large language models for artificial intelligence.

CoreWeave, a publicly traded AI cloud infrastructure company, announced on Friday a “multi-year” agreement with AI developer Anthropic, which will use CoreWeave’s cloud computing data centers for its Claude AI model workloads.

The agreement will be rolled out in phases, with the “potential to expand over time,” according to CoreWeave’s announcement. 

Shares of CoreWeave surged more than 12% on Friday and are trading at $102.73 at the time of writing.  

The agreement follows CoreWeave’s recent $8.5 billion capital raise, led by tech giant Meta Platforms.The financing was collateralized against CoreWeave’s deployed computing capacity, which is tied to predictable cash flows, rather than its graphics processing unit hardware, marking a notable departure from traditional crypto mining financing structures.

CoreWeave pivoted away from crypto mining and rebranded as an AI infrastructure company in 2019, as the mining sector faced prolonged economic pressure following the 2018 crypto market downturn.

Related: Core Scientific secures up to $1B credit from Morgan Stanley for data centers

Bitcoin (BTC) miners are struggling with rising energy costs, reduced rewards and declining crypto asset prices, leading many to repurpose their mining hardware for AI processing.Up to 20% of Bitcoin miners are unprofitable in the current economic environment, according to asset manager CoinShares’ latest mining report.

Crypto miners must generate yield on their assets by deploying their crypto on decentralized finance (DeFi) platforms to shore up declining revenues, according to market maker Wintermute.

The mining industry’s economic challenges worsened after the October 2025 market crash, which took BTC down from a high of about $126,000 to the low $60,000 range. Prices have since stabilized around $73,000.

The high costs of mining and shrinking profit margins threaten the viability of Bitcoin mining, with AI workloads becoming much more attractive in this environment, according to market analyst Ran Neuner.

“Both industries compete for the same thing: electricity, and right now, AI is willing to pay much more for it,” he said. 

Magazine: AI has dramatically accelerated the quantum threat to Bitcoin: AI Eye

Source: CoinTelegraph


최근에 발행된 다른 기사들

Blockchain.com launches SpaceX-linked perpetual amid pre-IPO trading boom
Blockchain.com launches SpaceX-linked perpetual amid pre-IPO trading boom

Blockchain

The exchange joins Binance, Kraken, Bybit and Coinbase rolling out products tied to SpaceX's anticip...

Tether expands robotics push with lead role in NEURA's $1B-plus funding round
Tether expands robotics push with lead role in NEURA's $1B-plus funding round

Crypto Market Analysis

NEURA plans to integrate Tether's wallet and AI technologies into its robotics platform, enabling au...

Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi
Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi

Bitcoin

The Spiderchain developer told users to withdraw assets by July 9 after concluding demand for Bitcoi...

Anchorage backs Treasury’s GENIUS AML rules, seeks secondary-market sanctions clarity
Anchorage backs Treasury’s GENIUS AML rules, seeks secondary-market sanctions clarity

Crypto Market Analysis

A public comment letter argues that regulated stablecoin issuers need clearer compliance standards t...

Pending Bank of Japan rate decision may impact Bitcoin price: Should traders prepare?
Pending Bank of Japan rate decision may impact Bitcoin price: Should traders prepare?

Bitcoin

Bitcoin’s average price response to Bank of Japan rate hikes was a 22.5% sell-off. Will BOJ’s up...

UK crypto advocates launch campaign against banks blocking exchange transfers
UK crypto advocates launch campaign against banks blocking exchange transfers

Crypto Market Analysis

Stand With Crypto UK says banks are restricting access to regulated exchanges even as policymakers s...