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CoreWeave Revenue More Than Doubles, Stock Jumps 18%
CoreWeave reported second-quarter revenue of $2.6 billion, up 112% year-over-year, and raised its full-year guidance on a backlog that has swelled past $104 billion, sending shares up 18% in premarket trading.
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CoreWeave Jumps on Leidos Deal for Classified Federal AI Cloud
AI
CoreWeave Jumps on Leidos Deal for Classified Federal AI Cloud
CoreWeave shares rallied after the company announced a partnership with government contractor Leidos to deliver AI cloud services inside classified, SCIF-accredited data centers for the US intelligence community and Department of War.