CoreWeave stock pops 12% as revenue doubles on accelerating AI infrastructure demand

CoreWeave, an AI infrastructure company, saw its stock rise 12% in extended trading following the release of quarterly results that beat analyst forecasts. The firm reported revenue growth of 112% compared to the same period a year prior, demonstrating strong momentum in the market for data center capacity supporting artificial intelligence applications.
However, CoreWeave’s path to profitability remains uncertain. The company posted a net loss of $626 million, compared to a loss of $290