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CoreWeave Bets Big on AI: Can Soaring Debt Pose a Financial Risk?

Key Takeaways CRWV posted Q1 revenue of 981.6M,up420981.6M, up 420% YoY, with a 25.9B backlog including an 11.2BOpenAIdeal.Thecompanyremainsunprofitablewith11.2B OpenAI deal.The company remains unprofitable with 18.8B in liabilities and Q1 interest expense of 264M.CRWVscapexplanof264M.CRWV's capex plan of 20B-23Bfor2025isbackedbylongtermcontractscoveringinvestmentcosts.CoreWeave,Inc.(CRWV)statedthatartificialintelligence(AI)isforecastedtohaveaglobaleconomicimpactof23B for 2025 is backed by long-term contracts covering investment costs.CoreWeave, Inc. (CRWV) stated that artificial intelligence (AI) is forecasted to have a global economic impact of 20 trillion by 2030, while the total addressable market (TAM) is anticipated to increase ...