CoreWeave (#CRWV) reported a $104.2 billion revenue backlog for Q2 2026, up 246% year over year, highlighting strong demand for its AI infrastructure services. 🔹 Key Highlights 💰 Q2 2026 revenue backlog reached $104.2B, up 246% YoY. 📈 CoreWeave secured $25B+ in additional net new customer commitments in early Q3. ⚡ New Q3 contracts were signed at approximately $40M per MW annualized. 📅 Contracts generally span 3–6 years. 🔌 Contracted power increased from 3.7 GW at June-end to approximately 4.2 GW by August 11. 💵 CoreWeave is proposing a $3B convertible senior notes offering. 🏗️ The financing would help fund its rapidly expanding AI infrastructure buildout. 💡 Why It Matters CoreWeave’s growing backlog and contracted power highlight strong demand for AI compute capacity. At the same time, the proposed $3B financing shows that meeting this demand requires substantial capital investment as the company expands its infrastructure. 🚀 Start Your 7-Day FREE ThinkSabio Trial https://www.thinksabio.com/ ThinkSabio — Stocks Simplified