Group 1 - CoreWeave has signed a new order agreement with NVIDIA worth up to $6.3 billion, aimed at providing reserved cloud computing capacity for CoreWeave's customers [1] - NVIDIA will purchase any unused capacity from CoreWeave between April 2025 and April 2032, contingent on CoreWeave meeting delivery and service availability conditions [1] - Raymond James has initiated coverage on CoreWeave with an "outperform" rating and a target price of $130, citing optimistic views on the sustainability of scale laws and underestimation of capital expenditure forecasts for AI giants [1] Group 2 - Analysts predict that the capital expenditure of the "AI Big Six" will approach $900 billion by 2028, significantly higher than the current market estimate of $550 billion [2] - The growth of the total addressable market (TAM) for GPU as a Service (GPUaaS) is accelerating, with Citizens raising its rating on CoreWeave to "outperform" and setting a target price of $180 [2] - Analysts believe that the outsourcing trend among large-scale enterprises will outweigh potential negative factors in the short term, despite some long-term challenges in the business model [3] Group 3 - Citizens analysts noted that the GPUaaS market could grow from $3-4 billion to approximately $300 billion, driven by significant contracts and record remaining performance obligations (RPO) [3] - There is a belief that the management team is capable of addressing challenges related to AI software stack expansion, financing, and customer diversification, aiming for $20 billion in annual recurring revenue by the end of 2027 [2]