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CoreWeave Revenue Soars on AI Demand, But Heavy Spending Hits...

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12 hours ago 12 hours ago

CoreWeave Revenue Soars on AI Demand, But Heavy Spending Hits Profit


Vince Dioquino
by Vince Dioquino 12 hours ago12 hours ago
CoreWeave Revenue Soars on AI Demand, But Heavy Spending Hits Profit




CoreWeave’s Q1 revenue surged fivefold to $981M, but widening losses and $23B in projected spending raise concerns over profitability.



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