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CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion
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BizToc
Neocloud provider CoreWeave’s revenue more than doubled in the second quarter, totaling $2.58 billion and topping analysts targets thanks to surging demand for its AI infrastructure services.
“Our near-term capacity remains effectively sold out,” CEO Michael Intrator said on a call with…This story appeared on fortune.com , 2026-08-12 03:33:49.