Evercore ISI raises CoreWeave target price to $150 after Jane Street deal

jp.investing.com (Japanese)

Evercore ISI raised CoreWeave's target price to $150 following a significant expansion deal with Jane Street. The agreement, valued at approximately $6 billion over five years, includes access to Nvidia's Vera Rubin platform and CoreWeave's AI compute infrastructure. Jane Street also made a $1 billion equity investment in CoreWeave. This deal follows recent large contracts with Meta and Anthropic, underscoring strong demand for AI compute infrastructure beyond frontier models.


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