Business & Economy · 2 views
CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion
The neocloud provider said revenue more than doubled in the second quarter, while backlog rose 246% year-over-year to $104.2 billion.
Source Fortune AI Summary Updated 2h 07m ago
Story intelligence Beta
Freshness Fresh Updated 2h 07m ago
Confidence Limited Single-outlet story
Coverage Single outlet
Views 2 Community interest
Read time 1 min ~20 words
AI Summary
The neocloud provider said revenue more than doubled in the second quarter, while backlog rose 246% year-over-year to $104.2 billion.
Read full article on FortuneAI summaries can be wrong sometimes—always verify important details using the source article.
How AI & Automation are used SUPPORT HAPPENINGNOW · Independent AI News Intelligence
Enjoyed this article? Consider supporting HappeningNow to help keep independent AI-powered news analysis moving forward. Your contribution helps cover infrastructure, AI summaries, and continued platform development.
Support HappeningNowMore from Business & Economy
Continue reading recent Business & Economy coverage
- Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes containershipContinue reading
- Oil prices rise as Red Sea, Gulf of Oman attacks heighten supply concernsContinue reading
- Elon Musk says SpaceX's AI revenue will outpace all its other products by next monthContinue reading