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CoreWeave revenue jumps 112% to $2.08 billion, but losses more than double

CoreWeave (CRWV) reported a huge first-quarter sales jump, but the company still burned through far more money as it spent heavily on AI cloud infrastructure. Revenue hit $2.08 billion for the three months ended March 31, 2026, up from $982 million a year earlier. Analysts tracked by LSEG expected $1.97 billion, so CoreWeave came in...

CoreWeave revenue jumps 112% to $2.08 billion, but losses more than double