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CoreWeave surges 16% on $2.58 billion revenue quarter as AI infrastructure demand eclipses crypto

CoinDesk· James Van Straten· Aug 12, 2026 · 9:41 AM
CoreWeave surges 16% on $2.58 billion revenue quarter as AI infrastructure demand eclipses crypto

Booming AI demand sends CRWV up 16% and lifts IREN and CIFR as investors favor computing infrastructure over crypto.

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