CoreWeave’s revenue primarily comes from its AI cloud infrastructure (GPU compute for training and inference) sold via large take-or-pay contracts to AI labs, hyperscalers, enterprises, and public sector. Secondary sources include AI-focused storage (CoreWeave AI Object Storage, >$100M ARR), networking and software/orchestration (Mission Control), security/observability, and partner-led solutions. Recent flexible capacity deals (e.g., NVIDIA) and expanded data center footprint drive backlog. AI directly underpins all major revenue streams; the business is purpose-built for AI workloads.
CoreWeave, Inc. Class A Common Stock, once again, delivered an exceptional quarter showcasing the accelerating momentum underlying our business as AI adoption proliferates globally across industries.
Quotes from coreweave Executives About Artificial Intelligence and Generative AI
These results demonstrate the deep confidence customers have in CoreWeave, Inc. Class A Common Stock, the company they trust as their essential cloud for artificial intelligence.
- Michael Intrator
CoreWeave, Inc. Class A Common Stock is the force multiplier that empowers pioneers to accelerate breakthroughs in AI innovation.
- Michael Intrator
AI native and enterprises across sectors are embracing CoreWeave, Inc. Class A Common Stock to transform operations and unlock new sources of innovation, productivity, and growth.
- Michael Intrator
We are incredibly proud of our technical accomplishments, and our customers continue to tell us that CoreWeave, Inc. Class A Common Stock is the absolute best place to run AI workloads.
- Michael Intrator
CoreWeave, Inc. Class A Common Stock's AI object storage delivers the highest amount of throughput of AI workloads while cutting the customer's cost by more than 75%.
- Michael Intrator
We are the essential cloud for AI, combining unmatched technical and operational excellence with a rapidly diversifying customer base.
- Michael Intrator
From the tools that developers require to build AI to the solutions that the physical world requires to adopt AI, we've used M&A as a key tool to accelerate this journey.