CoreWeave tops quarterly revenue estimates

CoreWeave

CoreWeave

CRWV

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- CoreWeave Inc CRWV.O beat analysts' estimates for quarterly revenue on Thursday, as the specialized cloud provider tapped into strong demand for its high-performance computing services used to train and deploy artificial intelligence models. The company reported total revenue of $2.08 billion for the first quarter, compared with analysts' average estimate of $1.97 billion, according to data compiled by LSEG.