This Underrated AI Data Center Stock Could Outshine Nvidia as the True Winner of Google’s Partnership with OpenAI

Nvidia, Palantir Technologies, and Tesla dominate AI headlines, but OpenAI, the pioneer of the AI revolution, is gaining significant attention following its recent partnership with Alphabet. Previously tied primarily to Microsoft, which invested $10 billion in OpenAI, the company is now leveraging Google Cloud Platform (GCP) alongside Azure for its compute needs. This shift is beneficial for Alphabet’s cloud services, but a notable beneficiary may be CoreWeave, which offers a cloud-based infrastructure for AI developers. CoreWeave recently signed an $11.2 billion deal with OpenAI and is now supplying compute power to Google, which will resell it to OpenAI. The demand for such infrastructure is surging, with a 63% increase in CoreWeave’s performance obligations. Despite CoreWeave’s promising outlook following its IPO and a nearly 300% stock price increase, investors are advised to be cautious and wait for a price pullback before investing.

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