CoreWeave, an AI-cloud provider, reported quarterly results above expectations and subsequently raised its annual forecast for 2026. Revenue increased 168% year over year to $3.66 billion, while the net loss widened to $709 million. The company nevertheless plans to increase capital spending significantly, highlighting its continued reliance on substantial financing. Analyst Gil Luria raised concerns about the company’s ability to secure additional capital, while chief executive Michael Intrator will lead the company’s response to this challenge.
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