CoreWeave Is 'Frightening... It's Unbelievable,' Says Expert, Expecting Its Revenue To Multiply Nearly 5x By 2028

Core Insights - CoreWeave Inc. is projected to experience significant revenue growth, potentially reaching "mid-$20s billion" by 2028, which represents a nearly fivefold increase from its 2025 revenue estimate of $5.3 billion [1][2][3] - The company's total revenue in 2022 was approximately $16 million, highlighting the dramatic increase in demand for its services as it transitions from a crypto mining operation to a key player in the AI infrastructure space [3][4] - CoreWeave has established itself as a critical partner for major AI companies, with Microsoft accounting for 70% of its business [4] Financial Projections - The capital expenditure for CoreWeave is projected to be between $21 to $23 billion this year, indicating a scale of investment comparable to major corporations like AT&T, Walmart, and Exxon Mobil [5] - The forecasted revenue growth underscores the unprecedented demand for AI infrastructure services, positioning CoreWeave as a unique entity in the market [5] Competitive Landscape - Despite the growth potential, CoreWeave faces competition from established cloud computing giants such as Amazon, Google, and Microsoft, which may become more effective as chip constraints ease [6] - The competitive pressure from these large companies could impact CoreWeave's returns over time, suggesting a need for strategic positioning in the evolving market [6]