Categories: Technology

CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surge

Aug 11 (Reuters) – CoreWeave lifted its annual capital spending forecast on Tuesday after beating second-quarter estimates, encouraged by a surge in demand for its AI cloud computing…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: August 12, 2026 04:07:05 IST

Aug 11 (Reuters) – CoreWeave lifted its annual capital spending forecast on Tuesday after beating second-quarter estimates, encouraged by a surge in demand for its AI cloud computing services, sending

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: August 12, 2026 04:07:05 IST

Recent Posts

Paramount gets court green light on Warner Bros deal, names Mattel's Kreiz co-CEO

By Jody Godoy Sept 30 (Reuters) - A US judge entered an order on Wednesday…

October 1, 2026

Respect dominates Fury & AJ face-off ahead of Cardiff bout

VIDEO SHOWS: BOXERS ANTHONY JOSHUA & TYSON FURY FACE OFF / PRESS CONFERENCE COMMENTS FROM…

October 1, 2026

Banks and miners drag Australian shares lower 

Oct 1 (Reuters) - Australian shares fell more than 1% on Thursday, with financials and…

October 1, 2026