{"id":1028227,"date":"2026-08-12T08:01:33","date_gmt":"2026-08-12T02:31:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1028227"},"modified":"2026-08-12T09:10:35","modified_gmt":"2026-08-12T03:40:35","slug":"coreweave-boosts-2026-spending-plan-beats-quarterly-estimates-on-ai-demand-surge","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/12\/coreweave-boosts-2026-spending-plan-beats-quarterly-estimates-on-ai-demand-surge\/","title":{"rendered":"CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surge"},"content":{"rendered":"<p>CoreWeave lifted its annual capital spending forecast on Tuesday after beating second-quarter estimates, betting on a surge in demand for its AI cloud computing services, sending the company&#8217;s shares more than 14% higher in extended trading. <\/p>\n<p>The AI cloud company also lifted its targets for 2026 revenue and adjusted operating profit, encouraged by a ballooning order book, benefits \u200cfrom price increases \u2060and more \u2060compute capacity coming online this year. <\/p>\n<p>CoreWeave, a so-called neocloud that offers hardware and cloud capacity to other technology companies, has seen demand skyrocket on relentless enterprise spending on AI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CoreWeave lifted its annual capital spending forecast on Tuesday after beating second-quarter estimates, betting on a surge in demand for its AI cloud computing services, sending the company&#8217;s shares more than 14% higher in extended trading. The AI cloud company also lifted its targets for 2026 revenue and adjusted operating profit, encouraged by a ballooning order book, benefits \u200cfrom price increases \u2060and more \u2060compute capacity coming online this year. CoreWeave, a so-called neocloud that offers hardware and cloud capacity to other technology companies, has seen demand skyrocket on relentless enterprise spending on AI.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1028227","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1028227"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028227\/revisions"}],"predecessor-version":[{"id":1028252,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028227\/revisions\/1028252"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1028227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1028227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1028227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}