2025-08-13
Coreweave is financing its “demand led capex” efficiently, lowering the cost of capital to 9.34%. But the problem is: Accounts receivable has grown by $1.5B in H1 2025, and revenue backlog has grown materially as well, with an increasing amount in the short-term (< 24 months) [image]
Bloomberg
CoreWeave reports Q2 revenue up 207% YoY to $1.21B, vs. $1.08B est., and adjusted net loss up 2,450% YoY to $130.8M, vs. $96.3M est.; CRWV drops 10%+
Earnings Could Be The Next Catalyst Jordan Novet / CNBC : CoreWeave shares drop even as revenue and guidance top estimates Angelica Ballesteros / Insider Monkey : CoreWeave (CRWV) ...
2025-05-06
OpenAI is following the AOL playbook, aiming to monopolize control of a transformative technology “AOL, hustling to appease the wrath of locked-out users, is throwing money at the problem to increase its bandwidth” - WIRED, Jan 17, 1997 “We want to be able to operate and get
TechCrunch
OpenAI backtracks and says its nonprofit will remain in control of its business operations, after a “constructive dialogue” with civic leaders and DE and CA AGs
so it's making a change Aaron McDade / Yahoo Finance : OpenAI Scraps For-Profit Plans New York Times : The Stakes for OpenAI's Plan B The Irish Times : OpenAI ditches plan to conve...
OpenAI is following the AOL playbook, aiming to monopolize control of a transformative technology “AOL, hustling to appease the wrath of locked-out users, is throwing money at the problem to increase its bandwidth” - WIRED, Jan 17, 1997 “We want to be able to operate and get
Bloomberg
Sources: Microsoft remains the biggest holdout among investors in OpenAI's restructuring, seeking assurance that the changes will protect its $13.75B investment
After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company …