Microsoft is a competitor to CoreWeave, but also a major customer

- Microsoft is probably CoreWeave's biggest customer - Over 2023-2030, it will spend approximately $10 billion on CoreWeave - At the same time, the total value of the contracts will already be $17 billion - Microsoft leases the AI servers that CoreWeave manages - CoreWeave boasts rapid growth in its sales - The startup's revenue could be around $2 billion by the end of 2024 - CoreWeave is likely to turn a net profit for the first time. - At the same time, the startup's capex for 2024-2025 will be $24 bln - CoreWeave's 2025 revenue is expected to be $8 billion (x4) - Half of CoreWeave's contracts for next year have already been signed - CoreWeave valuation around $23 billion (+$19 billion YTD) - CoreWeave also counts Nvidia among its customers - Nvidia is also an investor, having invested $100 million a year ago - CoreWeave's capacity will grow to nearly 850 MW by 2026 - It will get 100k H200s and 100k B200s by the end of the year - The startup will also be able to get almost 150k GB200 chips

Zuckerberg's plans for nuclear power for data centers thwarted by rare bees

- He was going to build a new nuclear-powered data center - The plans were thwarted because the site is home to a rare bee species - In addition to environmental concerns, there were also regulatory issues - The discovery of the rare bee species made the project very difficult - The new data centers require a lot more power - A single AI query consumes 10 times more than a Google query - The compa

Reddit's explosive growth may continue

- Reddit's stock rose 40% last week, to $115/share - That's more than triple the company's share price at IPO - Reddit was trading at a multiple of 11.2x of 2025 revenue - Investors are betting that Reddit's growth will continue to grow - DAU figure up 47% year over year, to nearly 100 million - Reddit is growing much faster than most other social networks - Ad sales due to audience growth grew by

Microsoft is a competitor to CoreWeave, but also a major customer

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Zuckerberg's plans for nuclear power for data centers thwarted by rare bees

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