THE RACE FOR ARTIFICIAL INTELLIGENCE IS BURNING THROUGH BILLIONS
જ⁀➴
CoreWeave crushed expectations, reporting revenue of 3.66 billion dollars, a jump of 168 percent, with a massive backlog of 132.5 billion. The market applauded and shares surged, pulling the entire technology sector higher.
But there’s a darker side to the story. The company is burning through capital at a massive rate. Its capital expenditure forecast for 2026 is staggering, between 37 and 39 billion dollars, not including hefty interest costs.
High growth doesn’t mean low risk. For the crypto market, this shows that AI greed is still alive and supporting risk assets, but the financing bill could be a ticking time bomb.
$ANTHROPIC
$AGT
$PRL
#coreweavejumps10%on168%revenuegrowth
જ⁀➴
CoreWeave crushed expectations, reporting revenue of 3.66 billion dollars, a jump of 168 percent, with a massive backlog of 132.5 billion. The market applauded and shares surged, pulling the entire technology sector higher.
But there’s a darker side to the story. The company is burning through capital at a massive rate. Its capital expenditure forecast for 2026 is staggering, between 37 and 39 billion dollars, not including hefty interest costs.
High growth doesn’t mean low risk. For the crypto market, this shows that AI greed is still alive and supporting risk assets, but the financing bill could be a ticking time bomb.
$ANTHROPIC
$AGT
$PRL
#coreweavejumps10%on168%revenuegrowth
