BUZZ-CoreWeave down; report says Google in talks to rent Nvidia AI servers from firm

Reuters
04-03
BUZZ-CoreWeave down; report says Google in talks to rent Nvidia AI servers from firm

** Shares of cloud computing firm CoreWeave CRWV.O down 2.2% at $60.03 in extended trading

** CRWV's shares closed up ~17% at about $61.36 on Wednesday

** The Information reports Alphabet's GOOGL.O Google is in advanced talks to rent state-of-the-art Nvidia NVDA.O Blackwell chips for running AI from CoreWeave

** In the past two weeks, Google executives have also asked other CoreWeave competitors for access to spare GPUs, a sign that the firm is capacity constrained — report

** Google and CRWV did not immediately respond to Reuters' requests for comment

** Google and CoreWeave are also discussing deal to house Google TPU chips — report

(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))

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