CoreWeave (CRWV) news

Coreweave closes 1% lower in worst day since Feb. 27

CoreWeave Inc. (NASDAQ:CRWV) closed 1% lower on Friday, marking its worst day since February 27, amid broader market volatility and investor skepticism about its operational execution. The decline followed a "Hold" rating from Morgan Stanley, which expressed concerns over the company's ability to…

Coreweave’s deal backlog is large enough to more than support its debt obligations - Bloomberg News citing a memo

CoreWeave, a leading provider of AI computing infrastructure, has a contract backlog of more than $104 billion, according to a Bloomberg memo, which exceeds the company’s current debt obligations. This backlog includes commitments from major clients such as Meta Platforms and OpenAI, with CoreWeave…

Coreweave CEO Blmes share drop on market acting 'irrationally'

CoreWeave CEO Michael Intrator has attributed the recent decline in the company’s stock price to what he describes as “irrational” market behavior. Despite the broader AI infrastructure sector facing scrutiny over potential risks—including capital constraints for smaller firms, disruptive…

Coreweave CEO on others' IPOs: 'They don't have what we built'

Coreweave CEO Intrator says he's confident in business model

CoreWeave CEO Michael Intrator has expressed confidence in the company’s business model amid growing competition in the cloud computing and AI infrastructure sectors. Speaking during a recent interview on CNBC’s Closing Bell, Intrator emphasized the company’s focus on GPU-accelerated cloud…