Data Center Apprentice

Leidos and CoreWeave collaborate to accelerate delivery of AI capabilities for defense, national security and intelligence missions. Jul 30, 2026, 08:04 ET * New collaboration to deliver secure, mission-ready AI capacity and services for national security * CoreWeave to provide AI-native platform, Leidos to lead mission integration, secure architecture RESTON, Va. and LIVINGSTON, N.J., July 30, 2026 /PRNewswire/ - Responding to the rapidly growing need for secure artificial intelligence (AI) technology dedicated to the U.S. Intelligence Community (IC) and Department of War's (DoW) unique requirements, Leidos (NYSE: LDOS), a leader in national security mission solutions, and CoreWeave (Nasdaq: CRWV), The Essential Cloud for AI(TM), are teaming up to provide secure, sovereign AI cloud services that can be used to help federal agencies build, train, deploy, and operate AI at mission scale. The collaboration combines Leidos' decades of experience delivering mission-critical systems for the U.S. government with CoreWeave's AI-native cloud platform trusted by leading AI builders. Together the two companies aim to help turn AI into an operational advantage for the United States. The IC and DoW are at an inflection point where AI-driven analysis has become a defining competitive advantage in national security. As a result, highly secure AI cloud capacity dedicated to U.S. government workloads is a top government priority. Together, Leidos and CoreWeave intend to bring dedicated, sovereign AI cloud services to IC and DoW missions, built with the same technology stack used for the most advanced AI deployments, and adapt the capabilities to meet the unique security, classification, and operational requirements of national security organizations. Features envisioned include: * Classified AI Cloud Services - Secure environments for model training, fine-tuning, evaluation, deployment, and continuous monitoring. * Intelligence Analyst Augmentation - AI-powered workflows for fusing intel from multiple sources, imagery analysis and exploitation, and decision support among others. * Cyber AI Ranges - Cyber simulation, autonomous defense testing, threat modeling, vulnerability prioritization, and adversarial AI evaluation. * Synthetic Data and Simulation - Secure generation of mission-relevant data, digital twins, and simulation environments for training and operational planning. * Edge-to-Cloud AI Orchestration - Connect a centralized AI cloud platform with forward-deployed, disconnected, and tactical environments. "Combining CoreWeave's AI cloud platform with our mission-grade federal integration accelerates delivery for IC and DoW priorities, expanding our nation's AI superiority," said Jason O'Connor, president, Leidos Intelligence. "This is the next evolution of mission technology - sovereign AI compute at scale, secure by design, mission integrated, operationally resilient, and ready for the realities of classified national security work. That is what our team will provide to our government partners." "Artificial intelligence is becoming foundational to our nation, and federal teams need secure, scalable platforms to operationalize it," said Sachin Jain, chief operating officer, CoreWeave. "CoreWeave is trusted by many of the world's leading AI organizations to power the most complex workloads. Through CoreWeave Federal and our collaboration with Leidos, we intend to extend those capabilities to highly secure government environments with the performance, resilience, and operational rigor these missions require." Within Sensitive Compartmented Information Facilities (SCIF)- accredited data centers, CoreWeave plans to offer its AI-native cloud platform including purpose-built infrastructure, advanced networking, AI-optimized storage, and cloud-native orchestration for training and inference workloads. Leidos will lead mission integration, secure architecture accreditation support, cyber operations, data engineering, and customer delivery for intelligence and defense programs. Together, the companies expect to accelerate delivery of mission-applied AI capabilities aligned with the unique needs of national security, and provide potential solutions to unify fragmented AI infrastructure and architectures in multiple domains. The combined capabilities will be designed with federal security controls, auditability, model governance, data protection, and mission continuity as foundational requirements. Compute deployment and architecture will be determined by mission requirements and federal appropriation priorities. The collaboration builds on the recent launch of CoreWeave Federal, CoreWeave's dedicated business focused on delivering AI cloud services to U.S. government agencies and the Defense Industrial Base. About Leidos Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with more than 50,000 global employees, Leidos reported annual revenues of approximately $17.2 billion for the fiscal year ended January 2, 2026. For more information, visit www.Leidos.com. About CoreWeave CoreWeave is The Essential Cloud for AI(TM). Built for pioneers by pioneers, CoreWeave delivers a platform of technology, tools, and teams that enables innovators to move at the pace of innovation, building and scaling AI with confidence. Trusted by leading AI labs, startups, and global enterprises, CoreWeave serves as a force multiplier by combining superior infrastructure performance with deep technical expertise to accelerate breakthroughs. Established in 2017, CoreWeave completed its public listing on Nasdaq (CRWV) in March 2025. Learn more at www.coreweave.com. Leidos Forward-Looking Statement Certain statements in this announcement constitute "forward-looking statements" within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management's current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the "Risk Factors" set forth in Leidos' Annual Report on Form 10-K for the fiscal year ended January 2, 2026, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made. CoreWeave Forward-Looking Statement This press release contains "forward-looking statements" within the meaning of applicable securities laws. These statements include statements related to the provision of CoreWeave's AI cloud services to the U.S. government, the collaboration between CoreWeave and Leidos, and CoreWeave's ability to meet government contracting requirements for such workloads as described in this press release. The forward-looking statements made in this press release are subject to the execution of definitive agreements in the future. There can be no assurance that such definitive agreements will be finalized or that the contemplated transactions will be completed on the terms described, in a timely manner, or at all. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors. The risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in CoreWeave's filings with the SEC under the caption "Risk Factors", including in its Quarterly Report on Form 10-Q filed with the SEC for the quarter ended March 310, 2026, copies of which may be obtained by visiting CoreWeave's Investor Relations website at https://investors.coreweave.com or the SEC's website at www.sec.gov. Forward-looking statements speak only as of the date the statements are made and are based on information available to CoreWeave at the time those statements are made and/or management's good faith belief as of that time with respect to future events. CoreWeave assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law. Media Contacts: SOURCE Leidos Holdings Inc.

Michael Intrator, CEO of CoreWeave, sold 307,692 shares of Class A Common Stock on 14 July 2026 for approximately $24.9 million, according to an SEC filing. The sale was executed under a Rule 10b5-1 trading plan adopted in November 2025. The transaction included 107,692 shares held indirectly through Omnadora Capital LLC, liquidating that entity's position. Intrator retains direct holdings of 2,676,815 shares and substantial derivative securities, including 21.9 million direct and 30.6 million indirect options. As of 15 July 2026, CoreWeave shares traded at $77.12, below the $80.85 execution price. The company had a one-year total return of -40% and a market capitalisation of $42.1 billion. CoreWeave operates a cloud computing platform delivering GPU and CPU resources for generative AI and intensive compute workloads.

CoreWeave and five other Nvidia-Backed Neoclouds seek to Lease India Data Center capacity. Cloud & Infrastructure A tax holiday, cheap infrastructure and deep engineering talent brought six Nvidia-backed neoclouds to India's door. None of them plan to own what they are asking to use. By Shashi Bellamkonda · July 29, 2026 Year Tax Holiday, to 2047 Nvidia-Backed Neoclouds in Talks Domestic Operators Approached Key Takeaway Six Nvidia-backed neoclouds want India's inference capacity without owning any of it. The tax holiday that makes India attractive was written for companies willing to build, not lease. I recorded the sixth installment of Who Owns the Plug with Raju Vegesna yesterday, an hour on why sovereignty is a cost most organizations never price out. This morning I read Himanshi Lohchab's report in The Economic Times on six Nvidia-backed neoclouds now in talks to lease Indian data center capacity, and the two conversations would not stay separate. I met Himanshi at Canva Create earlier this year, and her byline is one I read closely. CoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale have opened talks with Sify Technologies, Yotta Data Services, CapitaLand Investment, CtrlS Datacenters and Tata Communications to lease infrastructure for AI inference workloads, drawn by a 20-year tax holiday, deep engineering talent and infrastructure costs well below the alternatives (The Economic Times, 2026). Vegesna spent an hour asking who owns the plug. Lohchab's report hands that question to India's data center layer, and the answer splits the plug in two. Six companies that rent out GPUs, one supplier behind all of them. A neocloud is a cloud provider built around one product: renting out banks of graphics processing units by the hour, rather than the broader menu a hyperscaler like AWS or Azure sells. CoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are the best-known names in that category, and Nvidia sits behind every one of them, as an investor, a financing partner, or a company that has guaranteed to buy back capacity these firms cannot sell elsewhere. What they want in India is inference capacity, the stage where a trained AI model answers a question or generates an output, rather than training, where a model learns in the first place. Inference is the workload that scales with usage, so it needs to sit close to the customers generating that usage. That is the pull toward India: a market with its own growing base of AI users, plus the cost and talent advantages the report names. None of the six plan to build a facility. They want to lease space inside data centers that Sify Technologies, Yotta Data Services, CapitaLand Investment, CtrlS Datacenters and Tata Communications already operate, rack the GPUs there, and start serving inference traffic without the years a ground-up build would take. The tax holiday was written for owners, not tenants. India's Union Budget for 2026-27 created a 20-year tax holiday, running until 2047, for foreign companies that serve customers outside India through a data center notified by the Ministry of Electronics and Information Technology (MeitY, 2026). The exemption clears a specific risk: a server rack in Mumbai creating a taxable presence for a company headquartered in San Francisco or Amsterdam. Lawmakers wrote the language around companies willing to build or co-locate a facility and route global traffic through it. Six neoclouds want the access without the capital commitment. A signed lease is not the same filing as a facility investment, and inference workloads for offshore customers sit in a category Finance Ministry guidance has not addressed directly. Nobody in New Delhi has confirmed, in public, whether a leased footprint inside a qualifying facility clears the same bar as an owned one. The domestic operators own the plug. Nvidia owns the terms. Sify, Yotta, CapitaLand, CtrlS and Tata Communications hold the physical plug: the land, the power contracts, the building. What they would be renting it to is six tenants already wired into one upstream supplier for chips, and in several cases for financing and revenue guarantees behind that supplier. Venture money sits alongside Nvidia in most of these companies. Coatue, Jane Street and Fidelity back CoreWeave. Accel and Orbis back Nebius. Founders Fund, G2 Venture Partners and Valor Equity back Crusoe. That capital diversifies the cap table without touching the dependency that matters here, which is that every tenant on the list runs on Nvidia silicon financed in part by Nvidia itself, a pattern that has drawn its own scrutiny over the past year as neocloud lease obligations have grown large enough for Nvidia to co-sign them directly (Data Center Dynamics, 2026). A default that starts at the GPU layer now reaches into the property layer. If a leased inference cluster inside a Mumbai facility sits idle because a tenant's revenue guarantee never triggers, the Indian operator holds a lease obligation, not a chip it can resell into a tight market. None of the five domestic operators named in the report has previously underwritten counterparty risk at this concentration. Unknowns and uncertainties. The Economic Times report describes talks, not signed leases. Deal size, timeline and which specific facilities are under discussion remain unconfirmed. Whether the tax holiday's offshore-customer condition extends to inference workloads served through leased rather than owned capacity has not been tested in public by any of the six neoclouds, and MeitY has not issued guidance for the leasing scenario. A default that starts at the GPU layer now reaches into the property layer. Key Takeaway The tax policy did what it was designed to do: it pulled foreign compute demand toward India. It did not specify whether a tenant qualifies the same way an owner does, and six companies are about to find out together. CIO/CTO Viability Question If an inference workload in your stack routes through a neocloud leasing space inside an Indian facility, ask who owns each layer of that arrangement: the building, the lease, the chips, and the financing behind the chips. Confirm the lease also sits inside the MeitY-notified perimeter the tax holiday requires, because the pricing quoted today assumes an interpretation nobody in Delhi has confirmed yet. Lohchab, Himanshi. "Nvidia-backed Neoclouds Hover Over India to Lease Data Centre Capacity." The Economic Times, 2026, economictimes.indiatimes.com. "India Dangles 20-Year Tax Holiday for Clouds That Serve Offshore Users." The Register, 2 Feb. 2026, theregister.com. "Nvidia Backs $860m Lease Obligations of Partner Data Center." Data Center Dynamics, 2026, datacenterdynamics.com. Vegesna, Raju, and Shashi Bellamkonda. "Who Owns the Plug? Part 6." LinkedIn Live, 28 July 2026. Bellamkonda, Shashi. "Who Owns the Plug, Part Six: Raju Vegesna's River Analogy for Digital Sovereignty." shashi.co, 28 July 2026, shashi.co. About Shashi Bellamkonda Shashi Bellamkonda is a Principal Research Director at Info-Tech Research Group, where he covers marketing technology, artificial intelligence platforms, customer experience, and collaboration tools. He is an Entrepreneur in Residence at Stony Brook Univerisity's College of Business. He was an Adjunct Professor at Georgetown University for over 14 years, host of the Talking Headless Show on LinkedIn Live, and brings more than 25 years of technology marketing experience to his research and advisory work. Disclaimer: This blog reflects my personal views only. Content does not represent the views of my employer, Info-Tech Research Group. AI tools may have been used for brevity, structure, or research support. Please independently verify any information before relying on it.