<ul><li>NVIDIA-backed CoreWeave plans to invest $20 to $23 billion in 2025 on AI infrastructure and data center capacity.</li><li>In its first quarter of 2025 results, CoreWeave highlighted rapid scaling of AI Infrastructure, with a total of approximately 420 MW of active power and 1.6 GW of contracted power.</li><li>The company's revenue increased by 420% year-over-year, driven by demand for the CoreWeave Cloud Platform, with projected capital expenditure for the second quarter exceeding revenue expectations.</li><li>CoreWeave has raised $1.4 billion in net proceeds through its IPO and is ramping up investments in data center and server infrastructure to meet customer demand.</li></ul>

NVIDIA-backed CoreWeave to Invest $23 billion on AI infrastructure in 2025

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