CoreWeave’s (CRWV) Model Was “Was Endorsed By” NVIDIA CEO, Says Jim Cramer

Core Company Insights - CoreWeave, Inc. (NASDAQ:CRWV) is positioning itself as a significant player in the AI ecosystem by providing computing infrastructure, including NVIDIA's AI GPUs, to AI software companies [2] - The company recently entered into a deal with NVIDIA, where NVIDIA is set to purchase up to $6.3 billion of excess capacity from CoreWeave [2] - NVIDIA is not only a major investor in CoreWeave but also played a crucial role in its IPO, indicating a strong partnership between the two firms [2] Market Commentary - Jim Cramer has publicly defended CoreWeave against critics, emphasizing that NVIDIA CEO Jensen Huang's endorsement of the firm's business model is a positive sign [3] - Cramer suggests that while CoreWeave has potential, there are other AI stocks that may offer higher returns with limited downside risk [3]