CoinDesk

CoreWeave surges 16% on $2.58 billion revenue quarter as AI infrastructure demand eclipses crypto

CoreWeave surges 16% on $2.58 billion revenue quarter as AI infrastructure demand eclipses cryptoWorldPing

Booming AI demand sends CRWV up 16% and lifts IREN and CIFR as investors favor computing infrastructure over crypto.

This is a short WorldPing brief. The full report was published by CoinDesk.

Read the full report at CoinDesk

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The Bitcoin Policy Institute and other industry participants urged AI companies to offer early access to their frontier models to aid Bitcoin and open-source developers in their cybersecurity efforts.

Brief by WorldPing · Original reporting by Cointelegraph