CoreWeave and Nebius revenue surge as AI spending drives growth
CoreWeave and Nebius posted results amid rising AI spending. CoreWeave revenue rose 112%, and Super Micro’s server revenue rose 93% with a positive forecast. The figures were described as not affected by regulatory pushback. Magnetar owns about 12%, Jane Street about 2%, and Citadel’s stake may be around 1.6% but is unclear until the next filing.