CoreWeave stock pops 11% on deal to power Anthropic's Claude

Key PointsCoreWeave announced a multi-year agreement with Anthropic Friday to power its Claude AI models.The deal comes one day after the AI cloud provider announced a $21 billion expansion of its agreement with Meta.CoreWeave now provides services to nine of the 10 leading AI providers, according to the company.In this articleCRWVFollow your favorite stocksCREATE FREE ACCOUNTwatch nowVIDEO3:1703:17CoreWeave CEO Intrator on company's debt load: 'Scaling is expensive'Squawk on the StreetCoreWeave announced Friday that it has entered a multi-year agreement with Anthropic to power its Claude artificial intelligence models as demand for infrastructure continues to climb. Shares of the neocloud climbed 11% following the news."With the addition of Anthropic, nine of the leading ten AI model providers now leverage CoreWeave's platform, reflecting the growing demand for infrastructure that can support AI at scale," CoreWeave said in the announcement.The deal comes one day after Meta committed to spending an additional $21 billion with the AI cloud provider. The deal adds to a prior $14.2 billion commitment announced in September.CoreWeave declined to disclose the value of the Anthropic deal. The cloud provider told CNBC that of the top ten foundational AI models, Elon Musk's xAI is the one company they do not yet work with.Read more CNBC tech newsMeta's long-awaited AI model is finally here. But can it make money?Google expands partnership with Intel for AI chipsOpenAI halts UK st...