Looking for the Next Palantir Stock? This New Artificial Intelligence (AI) Stock Is Up 150% in 2 Months

Industry Overview - Artificial intelligence (AI) is projected to add $19.9 trillion to the global economy by 2030, with spending on AI hardware, software, and services expected to grow at an annual rate of 36% during the same period [1]. Company Analysis: Palantir Technologies - Palantir Technologies has experienced accelerated revenue growth for seven consecutive quarters, with its share price increasing by 1,500% since May 2023, turning a $5,000 investment two years ago into approximately $80,000 [2][3]. Company Analysis: CoreWeave - CoreWeave, which went public on March 28, 2025, has seen its stock price rise by 150%, positioning it as a potential successor to Palantir in generating significant returns [4]. - CoreWeave specializes in AI infrastructure, offering cloud services tailored for AI and high-performance computing, distinguishing itself from competitors like Amazon Web Services and Microsoft Azure by operating a GPU cloud [5]. - The company has been recognized as the best GPU cloud provider by SemiAnalysis, noted for its early deployment of the latest Nvidia GPUs and achieving record-breaking performance in MLPerf benchmarks [6][7]. Financial Performance: CoreWeave - CoreWeave reported a remarkable 420% increase in revenue to $981 million and a 550% rise in adjusted operating income to $162 million in the first quarter, despite a non-GAAP net loss of $150 million, significantly larger than the $24 million loss in the same quarter the previous year [9]. - The company's substantial long-term debt of $7.8 billion has led to high interest expenses, consuming over a quarter of its revenue, which accounted for the difference between adjusted operating income and net income [10]. Strategic Developments: CoreWeave - In May, CoreWeave acquired AI developer platform Weights & Biases, enhancing its platform by providing tools for developers to train, evaluate, and monitor AI models [11]. Valuation Metrics: CoreWeave - CoreWeave currently trades at 18 times sales, which is considered between expensive and reasonable compared to peers like Cloudflare at 31 times and Microsoft at 13 times [12].