CoreWeave beats fourth-quarter revenue estimates
Feb 26 (Reuters) - CoreWeave beat Wall Street estimates for quarterly revenue on Thursday, benefiting from the artificial intelligence boom that has driven companies to its platform for the massive computing power needed to train and deploy advanced AI models.
The company reported a revenue of $1.57 billion for the fourth quarter, compared with analysts' average estimate of $1.55 billion, according to data compiled by LSEG.
(Reporting by Anhata Rooprai in Bengaluru and Juby Babu in Mexico City; Editing by Maju Samuel)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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