CoreWeave Surpasses Revenue Estimates, Shares Plummet

Published on 8.12.25

  CoreWeave easily topped quarterly revenue estimates with $1.21 billion, driven by rapid adoption of AI tools, but shares plummeted 10% after the bell due to a larger-than-expected net loss. The company operates 33 AI data centers across the US and Europe, utilizing Nvidia's chips in high demand among enterprises for training and running large AI models.

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