EconPulse Markets. Economy. Malaysia & The World. Wed, 12 Aug 2026
Crypto

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

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

Summary

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

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →