CRWV vs NBIS: CoreWeave and Nebius Group as AI Stocks
CoreWeave (CRWV) and Nebius Group (NBIS) are both tracked in the Supercycle AI universe. NBIS is the larger company at $61.61B versus $47.93B, and both carry an AI Exposure Score of 97, meaning its business depends more directly on AI demand.
Market data as of the close on . Prices are end of day, not live.
Side by side
| Metric | CRWV | NBIS |
|---|---|---|
| Price | $86.90 | $226.61 |
| Market cap | $47.93B | $61.61B |
| 24h change | +0.16% | -4.03% |
| 7d change | +4.26% | +8.23% |
| 1y change | -34.86% | +100.13% |
| P/E ratio | - | - |
| AI Exposure Score | 97 (Pure Play) | 97 (Pure Play) |
| Sector | Technology | Communication Services |
| Buildout layers | Neoclouds | Neoclouds |
CRWV's role in the buildout
CoreWeave defines the Neoclouds layer of the buildout: cloud infrastructure purpose-built for AI rather than adapted to it. While general-purpose clouds serve every kind of workload, CoreWeave's data centers exist to run GPU clusters for training and inference, with contracted capacity from customers like Microsoft and OpenAI. The company exists solely because of AI compute demand, which is why Supercycle rates it a Pure Play near the top of the exposure leaderboard.
NBIS's role in the buildout
Nebius is a defining name in the Neoclouds layer: specialized clouds that exist to sell AI compute. Its NVIDIA backing gives it access to the GPUs the market is fighting over, and customers like Microsoft and Meta validate the capacity it delivers. The company exists to monetize AI training and inference demand, with essentially no other business, which is why Supercycle rates it a pure play with an AI Exposure Score of 97 out of 100.
Both stocks sit in Neoclouds, so they compete for the same slice of AI spending.
Frequently asked questions
Is CRWV or NBIS the bigger company?
Nebius Group is bigger: $61.61B versus $47.93B by market cap, as of the latest end-of-day data.
Which has more AI exposure, CRWV or NBIS?
They score the same: both carry a Supercycle AI Exposure Score of 97 (Pure Play tier), meaning a similar share of each business depends on AI demand.
Build your own comparison of any tracked stocks with the compare tool, or see how the layers fit together in the Start Here guide. Nothing here is investment advice; see the disclaimer.