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2 months ago 2 months ago

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


Vince Dioquino
by Vince Dioquino 2 months ago2 months 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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