CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surge

CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surge  reuters.com

Aug 11 : CoreWeave topped Wall Street estimates for quarterly revenue on Tuesday and posted a smaller-than-expected loss, driven by strong demand for its AI cloud computing services, sending its shares nearly 10 per cent higher in extended trading. So-called neoclouds such as CoreWeave and peer Nebius, which offer hard