CoreWeave activated Nvidia's Vera Rubin NVL72 system in a production AI cloud environment, describing itself as the first AI infrastructure provider to validate and activate the rack-scale design. The company also expanded AI Object Storage features and reported second-quarter 2026 revenue of $2.58 billion, up 112% from a year earlier, while its per-share loss was narrower than analyst expectations. Blockfusion signed a 15-year primary lease for capacity at CoreWeave's Niagara Falls, New York AI facility. Shares rose more than 3% to about $83.35 on Wednesday after reaching an intraday high of $85.26. The latest analyst consensus is Moderate Buy, with a $142.31 average target from 34 analysts, while Bernstein retained a Sell rating over concerns that slower AI capability gains could curb infrastructure demand.