EventBusinessNovember 11, 2026

CoreWeave asks customers to prepay to fund AI buildout

Read original source →techcrunch.com

CoreWeave reported $3.66B in Q3 revenue, up 168% year over year, alongside a $709M net loss and $846M in quarterly interest expense. It expects ~$9B in customer prepayments and deposits over the next three months against a $132.5B backlog.

People · Michael Intrator

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