CoreWeave revenue doubles to $2.58 billion, AI orders backlog reach $104 billion
2026-08-12 05:16:02
According to CoinMeta, the revenue of CoreWeave has doubled to $2.58 billion, and the orders for AI reached $104 billion. The adjusted EBITDA of this AI cloud service provider reached $1.51 billion, with the net loss narrowing to $626 million. After the financial report was released, the stock price of CoreWeave rose by 7%, continuing the prosperity of AI's infrastructure, and Riot increased by 25% in transactions with Anthropic.
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