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CoinDeskยท 2025-07-08 21:03
CoreWeave Valuation and Revenue - CoreWeave's valuation reached over $75 billion, representing a 12x revenue multiple [2] - 72% of CoreWeave's Q1 revenue was derived from Microsoft/OpenAI [2] - CoreWeave has secured over $15 billion in contracted revenue [2] GPU and Mining Industry Impact - CoreWeave manages over 250,000 GPUs globally [2] - Bitcoin miners like Core Scientific, Galaxy Digital, and Applied Digital are partnering with AI cloud providers [1] - The industry is exploring CoreWeave's neocloud business model and GPU economics compared to Bitcoin mining profitability [1]