CoreWeave beats on revenue and lifts guidance, easing AI slowdown concerns

🇺🇸 CNBC (US) —
CoreWeave beats on revenue and lifts guidance, easing AI slowdown concerns

AI Summary

CoreWeave beat revenue expectations and raised its guidance, easing concerns about a slowdown in demand for AI infrastructure. The update follows a period of pressure on the company’s stock ahead of its quarterly earnings report.

CoreWeave's stock has been hammered heading into the neocloud's Q3 earnings report.

Markets AI & Tech CoreWeave AI infrastructure revenue guidance earnings neocloud

Read original source →