CoreWeave, Inc. (CRWV) is ramping up capital expenditures to double in 2026, reflecting the company’s efforts to scale infrastructure for AI demand. Despite revenue backlog of $55.6 billion, rising interest expenses and competition from Nebius (NBIS) and tech giants like Amazon and Microsoft pose challenges for CRWV.

Amazon plans massive capex of $125 billion in 2025, mainly for AWS growth and technology infrastructure. Nebius also aims for a $5 billion capex in 2025 to support data center build-out. CoreWeave’s stock has gained 20.9% in the past month, with an upward revision in 2025 earnings estimates and a Zacks Rank #3 (Hold).

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Read more at Nasdaq: CoreWeave’s 2026 CapEx Spend to Double: High Risk or High Reward?