- 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