CoreWeave (CRWV) Soars 16.88% on New AI-Linked Venture

Core Company Developments - CoreWeave Inc. (NASDAQ:CRWV) has launched a new subsidiary called CoreWeave Ventures, aimed at supporting startups through investments, AI cloud services, and technical guidance [2][3] - The new subsidiary is already collaborating with a diverse group of innovators, including foundational model developers and pioneers in vertical AI applications [3] Market Performance - CoreWeave's stock surged 16.88% to $117.14, marking its fourth consecutive day of gains, as investors reacted positively to the establishment of CoreWeave Ventures [1] - Freedom Capital Markets has raised CoreWeave's price target from $410 to $430 and upgraded its rating from "sell" to "hold" [4]