CoreWeave lifts its 2026 AI spending forecast to $39B after blockbuster Q2 growth and a $100B+ order backlog.
Swipe up for the full story
CoreWeave lifted its 2026 capex forecast to $35–39B after smashing Q2 estimates on surging AI compute demand.
Revenue more than doubled to $2.58B. Backlog topped $100B, with $25B+ in new commitments this quarter alone.
Shares jumped 14% on the news — a sign of how tight AI compute capacity remains, even after months of expansion.