📰 4 sources covering this story

CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion

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CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion
Fortune
Fortune1 hrs ago
CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion
The neocloud provider said revenue more than doubled in the second quarter, while backlog rose 246% year-over-year to $104.2 billion.
CoreWeave Shares Jump as Revenue Doubles From Year Earlier
CoreWeave Shares Jump as Revenue Doubles From Year Earlier  wsj.com
CNBC
CNBC6 hrs ago
CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand
CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.
Quartz
Quartz🏁 first to report7 hrs ago
CoreWeave's revenue and losses both doubled, and its stock rose 11% after hours
The AI cloud company posted $2.58 billion in second-quarter revenue but net losses widened to $626 million as debt financing costs climbed