CoreWeave's stock was tracking toward a fresh 18-month low on November 9, 2026, even as the company announced a multi-year agreement under which Wayve will train its AI Driver foundation models on CoreWeave Cloud using NVIDIA Blackwell GPUs1,3,11. CRWV shares were down around 3% in pre-market trading, and retail sentiment on Stocktwits slipped to bearish from neutral.
The deal covers training, evaluation, and simulation for Wayve's end-to-end autonomous-driving system, which learns from real-world driving data collected in more than 70 countries7. Neither company disclosed a contract value, GPU quantity, or computing capacity. The agreement expands an existing relationship: Wayve began by using Weights & Biases, the AI-experiment management platform CoreWeave acquired in 2025, and has since scaled into CoreWeave Cloud.
"Our AI Driver gets better by running this data flywheel: gathering real-world driving experience, training on it, evaluating it, and deploying only what outperforms what is already on the road," said Silvius Rus, SVP of Engineering at Wayve. Rus added that access to CoreWeave's AI cloud helps accelerate commercial deployment of the AI Driver.
Wayve's approach and backers
Founded in London in 2017, Wayve relies on end-to-end deep learning rather than high-definition maps and specialized sensors. Its AI Driver is designed to run in any vehicle regardless of hardware or map data, and the company licenses its software to automakers and mobility platforms rather than operating its own robotaxi fleets. Wayve's publicly stated infrastructure stack runs through Microsoft Azure paired with Nvidia Corp. automotive-grade hardware, so the CoreWeave deal either supplements or partially shifts that setup4.
In February 2026, Wayve raised $1.5 billion at a valuation of $8.6 billion. Its investors include SoftBank, Microsoft, Nvidia, Uber, Mercedes-Benz, Nissan, and Stellantis. Wayve plans to bring robotaxis to more than ten markets with Uber, starting with London, and from 2027 consumers are expected to be able to buy production cars with Wayve software.
CoreWeave's contract portfolio and market pressure
CoreWeave, which trades on Nasdaq under the ticker CRWV, centers its business on GPU-accelerated cloud infrastructure for AI training and inference. The company has secured multi-year deals totaling approximately $22.4 billion with OpenAI, and in April 2026 signed a $21 billion expanded agreement with Meta. Anthropic also counts among its clients, and CoreWeave said nine of the ten leading foundation-model providers are its customers.
The Wayve agreement expands CoreWeave's reach beyond large-language-model developers into physical-AI applications. CoreWeave characterized the workload as frontier model training in which physical behavior and safety are central concerns, requiring infrastructure that can sustain long training runs and provide enough observability to validate safety at scale. CoreWeave reports running 1.25 million CARLA autonomous-vehicle simulations in approximately 12 hours across independent shards using one GPU each.
CoreWeave suffered a sharp selloff in its stock and bonds in October, and during a post-midterm AI selloff the stock lost almost 10% in a single day. The Wayve announcement did little to reverse that trajectory.
ANALYSIS The deal diversifies CoreWeave's customer mix at a moment when its equity market narrative is under strain, but the undisclosed contract value makes it difficult to gauge the revenue impact relative to the company's multibillion-dollar LLM commitments.