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Techub News reports that AI cloud service provider CoreWeave announced at the CoreWeave Fully Connected conference the official launch of the NVIDIA Vera Rubin NVL72 system on its cloud platform, equipped with Spectrum-X Ethernet networking. The AI lab Cognition became the first customer to run production workloads on this system, with improved inference performance for its AI software engineer Devin. CoreWeave will also offer NVIDIA Vera, the first CPU product designed specifically for AI agents. The company also introduced CoreWeave Forge, an interconnected environment for training, evaluating, and improving models and agents on NVIDIA accelerated computing. Ian Buck, NVIDIA's Vice President of Hyperscale and High-Performance Computing, stated that NVIDIA accelerated computing delivers value across generations. CoreWeave putting the Vera Rubin NVL72 into production, with V100 GPUs deployed years ago still running customer workloads, demonstrates the platform's strength and flexibility. (NVIDIA Blog)
Techub News reports, according to DL News, AI cloud infrastructure service provider CoreWeave has entered into a deep cooperation agreement worth $60 billion with Jane Street. CoreWeave will leverage its high-performance GPU computing resources distributed across multiple data centers to provide AI cloud computing support for Jane Street's high-frequency trading algorithms and complex research operations. In addition to the business cooperation, Jane Street has further increased its stake by subscribing to $1 billion worth of CoreWeave Class A common shares. The equity transaction price for this share purchase is set at $109 per share, representing a discount of approximately 7% compared to CoreWeave's recent closing price. Upon completion of this stake increase, Jane Street's total shareholding value in CoreWeave will reach approximately $1.44 billion, making it the company's fifth-largest shareholder. This agreement marks the third major deal secured by CoreWeave within a week. Previously, the company had just signed a multi-year computing power supply agreement with Anthropic and reached a cooperation expansion worth $21 billion with Meta.
Techub News, Core Scientific announced the termination of the merger plan with CoreWeave, effective immediately. Core Scientific will continue to operate as a public company, and its common stock will continue to be traded on NASDAQ under the ticker symbol CORZ. Previously, at the special meeting of Core Scientific shareholders, the company did not obtain the number of votes required to approve the previously announced merger agreement with CoreWeave.
Techhub News reports that NVIDIA has outlined three key elements for maximizing ROI in AI factories: productivity, durability, and interchangeability. Productivity refers to maximizing annual revenue potential by achieving the highest throughput per megawatt and the lowest cost per token; durability refers to NVIDIA GPUs and systems continuing to generate revenue years after shipment; interchangeability refers to their ability to run various AI and non-AI workloads, thereby broadening demand. The blog cites SemiAnalysis AgentX data, stating that NVIDIA's Vera Rubin NVL72 system achieves over 30 times higher throughput per megawatt compared to the GB300 NVL72, with up to 45 times lower cost per million tokens on the DeepSeek V4 Pro model. Additionally, NVIDIA's A100 GPUs, shipped since 2020, are still in commercial service, and CoreWeave has extended bookings for some of their units until 2029. (NVIDIA Blog)
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