CoreWeave (CRWV) announced today its expansion into the U.S. federal market with the launch of CoreWeave Federal. The goal is to provide secure, high-performance AI cloud infrastructure to U.S. government agencies and the Defense Industrial Base. The announcement was made at Nvidia’s (NVDA) GTC Conference in Washington, D.C., today.
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To serve federal clients, CoreWeave will pursue Federal Risk and Authorization Management Program (FedRAMP) authorization and other standards to meet the government’s strict cybersecurity and compliance standards.
CEO Michael Intrator said, “We will bring our platform to the federal market in alignment with the government’s rigorous standards to help agencies accelerate innovation and strengthen mission performance.”
Deepening Public Sector Engagement
The company’s federal push builds on its March 2025 acquisition of the AI development platform Weights & Biases (W&B), adding public sector experience to the company’s portfolio. It has also expanded its footprint in Washington, D.C., with new offices and key leadership hires in security, legal, government affairs, and communications.
CoreWeave aims to accelerate the government’s adoption of secure AI capabilities and enhance national security by providing specialized compute infrastructure.
Is CRWV a Good Stock to Buy?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on CRWV stock based on 14 Buys, 10 Holds, and one Sell assigned in the past three months. Further, the average CoreWeave stock price target of $158.17 per share implies 17.34% upside potential.
