70.4 F
Pakistan
Wednesday, November 11, 2026
HomeBusinessCoreWeave targets 2028 profitability as AI demand surges

CoreWeave targets 2028 profitability as AI demand surges

Nov 10: CoreWeave said on Tuesday it would become profitable on an adjusted basis in the first half of 2028, as the AI cloud company sought to reassure investors that strong demand and customer commitments will support its debt-fueled expansion. Shares of the Nvidia-backed company were up 5 per cent in exten

Read full story on Channel Newsasia

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments