Crypto miner turned AI provider CoreWeave adds billions in market cap

Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company. CRWV stock climbed as much as 26. 3% in New York trading, pushing its market capitalization above $38 billion. Trading volumes were more than double the daily average, according to Yahoo Finance data source: https://cointelegraph.com/news/crypto-miner-turned-ai-provider-coreweave-adds-billions-market-cap?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound