CoreWeave Sets Asia-Pacific Expansion. Piper Sandler Names Cloud Firm Top AI Pick.

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11:51 AM ET 08/04/2026

CoreWeave (CRWV) stock rose Tuesday after the cloud computing specialist announced plans for expanding into Asia-Pacific markets, with its first data centers planned for Indonesia. Also, Piper Sandler named CoreWeave a "top pick" in the artificial intelligence infrastructure sector. CoreWeave plans to build three new data centers in Indonesia with a total of 360 megawatts of capacity. They are expected…