CoreWeave Cloud
Active power grew by nearly 500 MW in Q2 2026 to 1.5 GW, with about 3.7 GW contracted.
The numbers
What it is
The core GPU cloud: Nvidia GPU clusters in CoreWeave's own data centers, sold as compute capacity with storage and managed Kubernetes. Customers include Microsoft, Meta, OpenAI and a growing list of AI labs and enterprises. Revenue is recognized as capacity is delivered, so the trader's question is how fast new capacity comes online and how fast it is contracted.
Why it matters to the stock. This is nearly all of the company's business. Revenue growth, margins and debt load all depend on how quickly it turns contracted power into billed capacity.
News
CoreWeave to build 240 MW of AI capacity in India with AdaniConneX
CoreWeave plans 240 MW of AI data-center capacity at AdaniConneX's Taloja campus in Navi Mumbai, its first facilities in India.
CoreWeave makes Nvidia Vera Rubin NVL72 available, with Cognition as first production customer
CoreWeave announced Vera Rubin NVL72 availability on its cloud at its Fully Connected conference, naming Cognition as the first customer running production workloads on the system.
CoreWeave signs short-dated compute contracts at about $40 million per megawatt
CoreWeave said it has kept contracting new compute capacity at higher prices since June 30.
Blockfusion signs 15-year anchor lease with CoreWeave at Niagara Falls
Blockfusion's subsidiary North East Data signed a definitive 15-year anchor lease with CoreWeave at its Niagara Falls, New York campus, along with a companion expansion agreement.
Hudson River Trading moves AI research onto CoreWeave in multi-year deal
Quantitative trading firm Hudson River Trading signed a multi-year agreement to move its AI research and model-training work onto CoreWeave's cloud.
CoreWeave Q2 2026 revenue rises 112% to $2.58 billion; backlog about $104 billion
CoreWeave reported second-quarter revenue of $2,575 million, up from $1,212 million a year earlier.
CoreWeave raises 2026 revenue outlook to $12.4B-$13.2B on earnings call
On the same call, CoreWeave raised its full-year 2026 revenue forecast to $12.4 billion to $13.2 billion, up from $12 billion to $13 billion given in May.
CoreWeave closes $2.6 billion DDTL 5.5 loan at SOFR plus 5.50%
CoreWeave closed a $2.6 billion delayed draw term loan, its DDTL 5.5 facility, issued through a special financing vehicle with JPMorgan and Mitsubishi UFJ as joint lead arrangers.
CoreWeave signs multi-year priority SSD supply deal with Solidigm
CoreWeave signed a multi-year strategic agreement with Solidigm that gives it priority access to enterprise solid-state drive capacity for its AI cloud.
CoreWeave Q1 2026 revenue $2.08 billion; backlog $99.4 billion
CoreWeave reported first-quarter 2026 revenue of $2,078 million, a GAAP net loss of $740 million, or $1.40 per share, and adjusted EBITDA of $1,157 million.
Jane Street commits about $6 billion to CoreWeave and buys $1 billion of stock
Jane Street committed about $6 billion to use CoreWeave's AI cloud platform and bought $1 billion of Class A common stock at $109.00 per share.
CoreWeave signs multi-year deal to supply compute for Anthropic's Claude models
CoreWeave agreed to support the development and deployment of Anthropic's Claude model family under a multi-year agreement.
CoreWeave and Meta expand deal to about $21 billion through December 2032
CoreWeave agreed to provide AI cloud capacity to Meta through December 2032 for approximately $21 billion, expanding an existing relationship.
CoreWeave Q4 2025 revenue $1.57 billion; Q1 guide and capex plan weigh on shares
CoreWeave reported fourth-quarter 2025 revenue of $1.57 billion, up about 110% from a year earlier, with a GAAP net loss of $452 million.
Nvidia invests $2 billion in CoreWeave at $87.20 a share
Nvidia bought $2 billion of CoreWeave Class A common stock at $87.20 per share in a private placement.
CoreWeave adds Nvidia Vera Rubin to its cloud for second-half 2026
CoreWeave said it will add Nvidia's Rubin platform to its AI cloud and expects to be among the first cloud providers to deploy it in the second half of 2026.