Key Takeaways Nebius is scaling data centers across multiple regions to meet surging AI compute demand.The company targets 220MW of power by year-end and more than 1GW by 2026.New facilities in New Jersey, Finland and near London mark key milestones in its expansion.Nebius Group N.V. (NBIS) is scaling aggressively to capture the surging demand for AI compute, positioning itself as a fast-emerging player in the global AI infrastructure market. The company recently reported more than doubling its revenues fro ...

Core Company Insights - CoreWeave, Inc. has raised its full-year revenue outlook for 2025 to a range of $5.15 billion to $5.35 billion, an increase of $250 million from previous guidance, driven by strong customer demand and rapid data center expansion [1][10] - The company closed the second quarter with 470 megawatts (MW) of active power and aims to deliver over 900 MW by year-end, supported by a $6 billion data center investment in Lancaster, PA, and a joint venture in Kenilworth, NJ [2][10] - CoreWeave's contracted backlog reached $30.1 billion, doubling year-to-date, fueled by demand from enterprises and AI startups [3][10] Financial Performance - In the last reported quarter, CoreWeave's revenue surged 207% to $1.2 billion, with adjusted operating income increasing 134% to $200 million [5] - Management anticipates third-quarter revenues between $1.26 billion and $1.30 billion, with adjusted operating income projected at $160 million to $190 million [6] Market Trends and Competition - The global AI infrastructure market is expected to grow from $60.23 billion in 2025 to $499.33 billion by 2034, at a CAGR of 26.6%, indicating a robust demand for AI infrastructure [4] - CoreWeave faces competition from emerging companies like Nebius Group N.V., which is rapidly expanding its AI infrastructure capacity and has increased its 2025 ARR guidance [7] Valuation Metrics - CoreWeave shares have gained 130.9% over the past year, outperforming the Internet Software industry's growth of 39.1% [11] - The current Price/Book ratio for CoreWeave is 15.93X, significantly higher than the industry average of 6.47X [12]