The company, an operator of AI data centres, also said that 2026 capital spending will be US$30 billion to US$35 billion — a bigger figure than analysts anticipated. Sales will be US$12 billion to US$13 billion this year, CoreWeave said, with roughly US$2 billion coming in the first quarter (1Q). CoreWeave, which held its initial public offering in March 2025, has attracted investors looking to bet on the explosion in artificial intelligence (AI) spending. Nvidia invested an additional US$2 billion in CoreWeave last month, aiming to speed up an effort to add more than five gigawatts’ worth of AI computing capacity by 2030. CoreWeave has dramatically ramped up borrowing in recent years, joining an industry-wide debt binge that has unsettled some investors.

Source: The Edge Markets February 27, 2026 15:56 UTC