CoreWeave to enter US federal market, CEO says
CoreWeave (NASDAQ:CRWV) Chairman and CEO Michael Intrator said on Tuesday that the data center and artificial intelligence-focused company will enter the U.S. federal market.
“America’s economic competitiveness and national security rely on the continued advancement of secure, high-performance AI infrastructure,” said Intrator in a statement. “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. We look forward to expanding our partnerships with agencies and integrators to deliver outcomes that matter for the nation.”
As part of the push, CoreWeave will provide secure, compliant, high-performance AI cloud services to U.S. government agencies and their key partners, including the Defense Industrial Base.
CoreWeave also aims to receive FedRAMP authorization, a U.S. government-wide compliance program that provides a standardized approach for security assessment, authorization, and continuous monitoring for cloud products and services.