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[Coreweave's Q1 Revenue Surges Fivefold To $981.6 Million, Projects Continued Growth] Coreweave, An AI Data Center Operator, Reported First-quarter Revenue Of $981.6 Million, A More Than Five-fold Increase, And Projected Second-quarter Revenue Between $1.06 Billion And $1.1 Billion. The Nvidia-backed Company Also Forecast Second-quarter Capital Expenditure To Be In The Range Of $3 Billion To $3.5 Billion As It Expands To Meet Demand, Following A $4 Billion Expansion Agreement With A Large AI Enterprise And Adding New Customers.
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