Shares of artificial intelligence (AI) computing power provider CoreWeave Inc. surged after the company eased investor concerns over its heavy debt burden and signaled that revenue growth remained strong despite numerous headwinds facing the data center boom. CoreWeave expects revenue of $13 billion to $13.3 billion this year, above the range it previously forecast and exceeding Wall Street analysts’ average estimate of $12.9 billion. Company executives also said they expect to secure another investment-grade-rated loan soon. CoreWeave shares surged as much as 24% in New York on Wednesday to $60.52, their biggest intraday gain since July. Before the earnings release, CoreWeave shares had fallen 32% so far this year. Although the company has continued signing new customers and expanding its infrastructure, the cost of rapid expansion and its heavy debt burden have worried investors. (Sina Finance)