@FinanceYF5: CoreWeave reached a quarterly revenue of $2.6 billion in about 25 quarters, a milestone that AWS took 40 quarters to achieve since commercialization. Today, hyperscalers like AWS and Azure still have absolute revenues several orders of magnitude higher, but comparing at similar development stages, Neocloud's growth rate is significantly faster. AI computing power…
Summary
CoreWeave achieved a quarterly revenue of $2.6 billion in about 25 quarters, a feat that AWS took 40 quarters to accomplish since commercialization, demonstrating the rapid growth of Neocloud. AI computing power demand is compressing the growth cycle of cloud computing.
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CoreWeave reached $2.6 billion in quarterly revenue in just about 25 quarters—a milestone AWS took 40 quarters to achieve.
While the absolute revenue of Hyperscalers like AWS and Azure remains orders of magnitude higher, when compared at similar stages of development, Neoclouds are clearly growing much faster.
The demand for AI compute is essentially re-compressing the two-decade growth curve from the early days of cloud computing. https://t.co/zkjdQQ9XKT
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