CoreWeave Reports Revenue Surge But Huge Increase in Cash Burn

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CoreWeave reported third-quarter revenue of $3.66 billion, more than double the $1.365 billion recorded a year earlier. Its net loss widened to $709 million, with sharply higher debt interest costs contributing to the losses.

CoreWeave reported third quarter revenue of $3.66 billion, more than double the year earlier number of $1.365 billion, but its losses also ballooned. CoreWeave’s net loss for the quarter jumped to $709 million, reflecting a huge increase in CoreWeave’s interest costs on its debt, to $846 million ...

Markets AI & Tech CoreWeave revenue growth net loss cash burn AI computing debt costs

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