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CoreWeave Boosts Annual Forecast, Easing Concerns About Slowdown
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CoreWeave Boosts Annual Forecast, Easing Concerns About Slowdown AI computing provider CoreWeave Inc. topped analysts’ estimates with quarterly results and boosted its annual forecast, easing investor concerns about the debt-laden business suffering a slowdown. Sales will be $13 billion to $13.3 billion this year, the company said in a statement Tuesday. It previously projected a range of up to $13.2 billion.
CoreWeave Boosts Annual Forecast, Easing Concerns About Slowdown
AI computing provider CoreWeave Inc. topped analysts’ estimates with quarterly results and boosted its annual forecast, easing investor concerns about the debt-laden business suffering a slowdown.
Sales will be $13 billion to $13.3 billion this year, the company said in a statement Tuesday. It previously projected a range of up to $13.2 billion.