CoreWeave and Cerebras Partner to Build Canada's Largest AI Data Center
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 16 2026
0mins
Should l Buy CRWV?
Source: seekingalpha
- Data Center Development: CoreWeave and Cerebras are partnering with BCE to construct a 300 MW AI data center in Saskatchewan, which is set to become Canada's largest purpose-built AI facility, significantly enhancing the nation's AI infrastructure capabilities.
- Technological Collaboration: Cerebras will supply chips for AI inference and training, while CoreWeave will deploy Nvidia's GPU systems, ensuring the data center is equipped with robust AI computing power to meet the growing market demand.
- Sustainability Initiatives: The data center will utilize a closed-loop cooling system that does not draw from municipal water sources and plans to recycle waste heat for nearby universities and development projects, showcasing BCE's commitment to advancing sustainable technology.
- Strategic Importance: BCE CEO Mirko Bibic emphasized that building digital infrastructure is crucial for powering the future of the Canadian economy, highlighting the company's leadership position and strategic priorities in AI-powered solutions.
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Analyst Views on CRWV
Wall Street analysts forecast CRWV stock price to rise
25 Analyst Rating
12 Buy
13 Hold
0 Sell
Moderate Buy
Current: 74.810
Low
68.00
Averages
123.23
High
180.00
Current: 74.810
Low
68.00
Averages
123.23
High
180.00
About CRWV
CoreWeave, Inc. is a cloud infrastructure technology company. The Company offers the CoreWeave Cloud Platform, which consists of software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure. Its CoreWeave Cloud Platform is an integrated solution that is purpose-built for running AI workloads such as model training and inference. Its solutions include infrastructure services, managed software services, and application software services. Its Infrastructure Services provide its customers with access to advanced graphics processing unit (GPU) and central processing unit (CPU) compute, highly performant networking, and storage. Its Managed Software Services include CKS, a flexible virtual private cloud and a bare metal service that runs kubernetes directly on high-performance servers. Its Application Software Services build on top of its infrastructure and managed software services, integrating additional tools.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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