The AI Bubble Bursts into Reality: CoreWeave's Surprising Growth The tech world has been abuzz with warnings about an impending AI bubble, driven by massive investments in AI infrastructure that have raised eyebrows among investors and industry watchers.
However, a recent report from neocloud provider CoreWeave shows that the market may be more resilient than expected. CoreWeave's revenue more than doubled in the second quarter, reaching $2.
58 billion, with CEO Michael Intrator attributing this surge to "sold out" capacity.