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CoreWeave CloudCoreWeave—CoreWeave CloudCoreWeave—

CoreWeave

GPU cloud, AI data centers

US$48B market capest. 2017coreweave.com (opens coreweave.com)Checked 25 Sep

The brief

Analyst view
  • Order backlog about $104B at end of June 2026. 2026 revenue guidance is $12.4-13.2B.
  • Big customers include OpenAI, Microsoft and Meta.
  • Plans $35-39B of 2026 spending, funded largely with debt.
Programs

CoreWeave, one program

Updated 11 Aug 2026
CoreWeave CloudA GPU cloud for training and running AI, in its own and leased data centers, plus Weights & Biases developer tools.ScalingNextMore than 1.85 GW active power · Dec 2026Updated 11 Aug 2026View program →
Research · Proto · Pilot · Deploy · Scaling

Peers

Data centers & cloud · 1

Company & funding

1 round · as reported
Valuation
$48Bmarket cap
Last round
IPOMar 2025
HQ
US
Founded
2017
DateRoundAmountPost-moneyLead
Mar 2025IPO$1.5B——

Partners & customers

2 customers · 1 supplier
  • Customer
    OpenAI

    Contracts totalling over $20B.

  • Customer
    Meta

    About $14.2B agreement (Sep 2025).

  • Supplier
    NVIDIA

    GPU supplier and shareholder.

People

Key people
  • Michael IntratorCo-founder and CEO
Primer