Dossier
Michael Intrator
Coverage of Michael Intrator in the Nexus archive.
- CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion
Neocloud provider CoreWeave reported revenue of $2.58 billion in the second quarter, more than doubling and topping analyst estimates due to high demand for AI infrastructure. The company's revenue backlog swelled 246% year-over-year to $104.2 billion, and the stock surged following the earnings call. CEO Michael Intrator stated that CoreWeave’s near-term capacity remains effectively sold out.