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0 0.000190512478567293 -0.000542227823614792 -0.00127496812579688 -0.00274044873016118 -0.00271113911807383 -0.00347318903234313 -0.00567140993888952
Stock impact report

Can CoreWeave Sustain its Edge Amid Surging AI Cloud Demand? [Yahoo! Finance]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Yahoo! Finance
The company reported record revenues of $1.36 billion, up 134% year over year, and a massive $55.6 billion revenue backlog, nearly doubling within a single quarter. The company's role as the go-to cloud for AI is more solid than ever, as it continues to fuel growth through focus and innovation to enable the next generation of AI. In the third quarter, CoreWeave achieved strong momentum, driven by major customer wins across AI labs, hyperscalers and enterprises. The company entered into a multi-year deal worth up to approximately $14.2 billion with Meta to power next-generation workloads. It expanded its partnership with OpenAI through a deal of up to $6.5 billion, bringing total commitments to about $22.4 billion. CoreWeave also deepened ties with a leading hyperscaler, marking their sixth contract, and continued to serve as the preferred partner for innovators, such as Inference.net, Mizuho Bank, NASA JPL and Poolside. Moreover, the company is rapidly expanding its data centers t Show less Read more
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