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Perplexity has signed a multi-year deal with CoreWeave (CRWV) to help power a new generation of services, Axios reports

Newsquawk Staff ·

Perplexity has signed a multi-year deal with CoreWeave (CRWV) to help power a new generation of services, Axios reports.

What it means

Perplexity's multi-year deal with CoreWeave signals a strategic partnership that could enhance both companies' market positions, especially in AI and cloud services. Given the growing demand for these technologies, this partnership may attract attention from investors looking for growth opportunities in the tech sector. Watch for potential positive sentiment in related equities and potential ramifications for the competitive landscape.

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