CoreWeave secures multi-year AI inference deal with Perplexity

Core Insights - CoreWeave has established a multi-year partnership with Perplexity to serve as the primary infrastructure provider for Perplexity's AI services, focusing on inference workloads [1] - The agreement includes the integration of Perplexity Enterprise Max across CoreWeave's organization, allowing employees access to advanced AI models for research and data analysis [2] - Nvidia's investment of $2 billion in CoreWeave aims to accelerate the expansion of data centers, supporting the infrastructure needed for AI workloads [3] Financial and Operational Highlights - CoreWeave has adjusted its 2025 capital expenditure guidance to a range of $12 billion to $14 billion due to ongoing operational pressures and construction delays caused by severe weather [4] - An attempt to acquire Core Scientific for $9 billion was unsuccessful as shareholders rejected the all-stock merger [5] - Following the news of the partnership with Perplexity, shares of CoreWeave increased by 7.8%, reaching $79.50 [5]