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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
CoreWeave's revenue more than doubled in the latest quarter, driven by strong demand for AI-specialized cloud infrastructure services. However, the company's shares slumped around 12% before the market opened, raising investor concerns about margin pressure and returns from its AI investments. CoreWeave plans to increase its capital expenditure to $30–35 billion by 2026, indicating its ambitious data center expansion plans.