Comparing AI Infrastructure: CoreWeave vs Nebius
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2026
0mins
Source: Fool
- CoreWeave's Growth Potential: CoreWeave reported $5.1 billion in revenue for fiscal 2025, reflecting a 167.9% increase despite a net loss of $1.2 billion, indicating strong demand and an aggressive expansion strategy in the AI infrastructure market.
- Nebius's Profitability: Nebius achieved approximately $529.8 million in revenue for fiscal 2025, growing by 479%, and reported a net income of $101.7 million with a net margin of 19.2%, demonstrating effective cost management during rapid expansion.
- Risks and Challenges: CoreWeave faces significant customer concentration risk due to its reliance on Microsoft, and its exclusive dependence on NVIDIA for GPU hardware increases vulnerability to supply chain disruptions, while Nebius must navigate varying regulatory frameworks in international expansion.
- Financial Health Comparison: CoreWeave's debt-to-equity ratio stands at 4.5x, indicating high-risk debt-funded expansion, whereas Nebius maintains a healthier financial profile with a debt-to-equity ratio of only 1.1x, reflecting better management of its financial obligations during growth.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CRWV?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CRWV
Wall Street analysts forecast CRWV stock price to rise
25 Analyst Rating
12 Buy
13 Hold
0 Sell
Moderate Buy
Current: 109.530
Low
68.00
Averages
123.23
High
180.00
Current: 109.530
Low
68.00
Averages
123.23
High
180.00
About CRWV
CoreWeave, Inc. is a cloud infrastructure technology company. The Company offers the CoreWeave Cloud Platform, which consists of software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure. Its CoreWeave Cloud Platform is an integrated solution that is purpose-built for running AI workloads such as model training and inference. Its solutions include infrastructure services, managed software services, and application software services. Its Infrastructure Services provide its customers with access to advanced graphics processing unit (GPU) and central processing unit (CPU) compute, highly performant networking, and storage. Its Managed Software Services include CKS, a flexible virtual private cloud and a bare metal service that runs kubernetes directly on high-performance servers. Its Application Software Services build on top of its infrastructure and managed software services, integrating additional tools.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CoreWeave Deploys First Nvidia Vera Rubin Server Rack
- First Deployment: CoreWeave announced it is the first AI cloud provider to deploy the Nvidia Vera Rubin platform, achieving full system-level validation of the rack-scale architecture, which enhances customer experience and strengthens market competitiveness.
- Technological Innovation: The deployment incorporates Micron's 7600 SSDs for improved energy efficiency, marking the application of one of the industry's first liquid-cooled NVMe storage solutions, thus advancing high-performance computing.
- Market Reaction: CoreWeave's shares rose over 5% in Monday's pre-market trading, reflecting positive market sentiment towards its technological advancements, while Dell's shares also increased by about 1%.
- Production Scale: Nvidia announced that the Vera Rubin platform has entered full production ramp, with global supply chain partners manufacturing at scale to support AI labs and cloud providers, driving the next wave of artificial intelligence.
See More
Leopold Aschenbrenner Acquires Stake in Nebius Group
- Large Fund Size: Leopold Aschenbrenner's Situational Awareness fund currently manages approximately $13.7 billion, demonstrating significant influence and trust in the hedge fund industry.
- Increased Stake in Nebius: The fund recently disclosed a purchase of 12.4 million shares of Nebius Group through a 13G filing, representing a 5.6% ownership stake, indicating strong confidence in the AI infrastructure sector.
- Clear Industry Positioning: Aschenbrenner's portfolio also includes competitors like Iren and CoreWeave, highlighting a strategic focus on the physical infrastructure layer of AI data center build-outs, thereby solidifying its position in emerging markets.
- Optimistic Market Outlook: Nebius reported $399 million in revenue for Q1, up 684% year-over-year, with projected annualized revenue between $7 billion and $9 billion by year-end, reflecting rapid growth potential in the AI infrastructure space.
See More
Significant Investment in AI Infrastructure
- Portfolio Expansion: Leopold Aschenbrenner's Situational Awareness fund recently acquired a 5.6% stake in Nebius Group, reflecting a strong confidence in AI infrastructure, with the fund managing approximately $13.7 billion in assets.
- Strong Market Performance: Nebius reported $399 million in revenue for Q1, a staggering 684% year-over-year increase, and is projected to achieve an annualized revenue run rate between $7 billion and $9 billion by year-end, highlighting robust demand for AI infrastructure.
- Competitive Landscape: Aschenbrenner's investments extend beyond Nebius to include competitors like Iren and CoreWeave, which have secured multi-billion dollar deals with Microsoft and Nvidia, underscoring the critical role of neoclouds in meeting AI workload demands.
- Future Outlook: Despite Nebius's stock surging over 176% in 2026, there are risks associated with current market momentum, prompting investors to carefully consider entry points to avoid potential losses from an overheated market.
See More
Nvidia Launches N1X Processor to Enter PC Market
- Processor Launch: Nvidia unveiled the N1X processor at the Computex conference in Taipei, marking its entry into the PC market with plans to collaborate with Microsoft, Dell, HP, and others to launch over 30 laptops and 10 desktops, showcasing Nvidia's strong influence in the AI chip sector.
- Technological Innovation: The N1X processor combines Nvidia's Blackwell GPU with an Arm-based CPU designed by MediaTek, featuring 128GB of unified memory and manufactured using TSMC's 3-nanometer technology, which is expected to significantly enhance PC performance, particularly in AI applications.
- Market Potential: Nvidia anticipates the PC market will reach $200 billion, and the launch of the N1X could disrupt Intel and AMD's dominance in the traditional x86 processor market, promoting the widespread adoption of Arm architecture to meet the needs of creators and AI developers.
- Vera CPU Production: Nvidia's Vera CPU is now in full production and set to launch in the fall, with early customers including OpenAI and SpaceX, boasting performance 1.8 times that of current x86 processors, indicating Nvidia's strong growth potential in the data center market.
See More
NVIDIA Launches Vera CPU, 1.8x Performance Boost Over x86
- Significant Performance Boost: The NVIDIA Vera CPU enables task completion speeds 1.8x faster than x86 processors, specifically designed for diverse workloads such as agentic AI, reinforcement learning, and data processing, which is expected to significantly enhance data center revenue.
- Wide Customer Base: Global AI labs including Anthropic, OpenAI, and SpaceXAI, along with hyperscalers like ByteDance, CoreWeave, and Oracle Cloud Infrastructure, are planning to adopt Vera CPUs to optimize their AI factories.
- Strong Market Demand: The launch of the Vera CPU addresses the growing need for high-performance, energy-efficient computing, which is anticipated to drive NVIDIA's further expansion in the AI infrastructure market, particularly in finance and cloud computing sectors.
- Ecosystem Support: Vera CPUs will be offered by leading manufacturers including Dell, HPE, and Lenovo, and are expected to become the standard CPU option beyond x86, further driving innovation in AI and data processing.
See More
Nvidia Doubles Down on AI Investments and Partnerships
- Investment Portfolio Growth: Nvidia's investment portfolio swelled to nearly $18.4 billion by the end of Q1, including a $3.8 billion investment in two AI stocks, reflecting its ongoing confidence and strategic positioning in the AI sector.
- Increased Stake in CoreWeave: Nvidia raised its stake in AI data center company CoreWeave by 95%, totaling over $3.65 billion, indicating its recognition of CoreWeave's critical role in AI data center construction, particularly with plans to build over 5GW of data centers by 2030.
- New Partnership Announcement: Nvidia formed a new partnership with photonics leader Coherent, committing to multibillion-dollar purchases and a $2 billion investment in R&D, aimed at enhancing the capabilities of laser and optical networking products essential for scaling AI infrastructure in data centers.
- Market Risk Considerations: Despite CoreWeave's promising outlook in the AI space, its high debt-to-equity ratio of 5.2 and significant shareholder dilution raise concerns about its financial health, potentially exposing it to substantial risks amid fluctuations in the AI market.
See More
CoreWeave Deploys First Nvidia Vera Rubin Server Rack
- First Deployment: CoreWeave announced it is the first AI cloud provider to deploy the Nvidia Vera Rubin platform, achieving full system-level validation of the rack-scale architecture, which enhances customer experience and strengthens market competitiveness.
- Technological Innovation: The deployment incorporates Micron's 7600 SSDs for improved energy efficiency, marking the application of one of the industry's first liquid-cooled NVMe storage solutions, thus advancing high-performance computing.
- Market Reaction: CoreWeave's shares rose over 5% in Monday's pre-market trading, reflecting positive market sentiment towards its technological advancements, while Dell's shares also increased by about 1%.
- Production Scale: Nvidia announced that the Vera Rubin platform has entered full production ramp, with global supply chain partners manufacturing at scale to support AI labs and cloud providers, driving the next wave of artificial intelligence.
See More
Leopold Aschenbrenner Acquires Stake in Nebius Group
- Large Fund Size: Leopold Aschenbrenner's Situational Awareness fund currently manages approximately $13.7 billion, demonstrating significant influence and trust in the hedge fund industry.
- Increased Stake in Nebius: The fund recently disclosed a purchase of 12.4 million shares of Nebius Group through a 13G filing, representing a 5.6% ownership stake, indicating strong confidence in the AI infrastructure sector.
- Clear Industry Positioning: Aschenbrenner's portfolio also includes competitors like Iren and CoreWeave, highlighting a strategic focus on the physical infrastructure layer of AI data center build-outs, thereby solidifying its position in emerging markets.
- Optimistic Market Outlook: Nebius reported $399 million in revenue for Q1, up 684% year-over-year, with projected annualized revenue between $7 billion and $9 billion by year-end, reflecting rapid growth potential in the AI infrastructure space.
See More
Significant Investment in AI Infrastructure
- Portfolio Expansion: Leopold Aschenbrenner's Situational Awareness fund recently acquired a 5.6% stake in Nebius Group, reflecting a strong confidence in AI infrastructure, with the fund managing approximately $13.7 billion in assets.
- Strong Market Performance: Nebius reported $399 million in revenue for Q1, a staggering 684% year-over-year increase, and is projected to achieve an annualized revenue run rate between $7 billion and $9 billion by year-end, highlighting robust demand for AI infrastructure.
- Competitive Landscape: Aschenbrenner's investments extend beyond Nebius to include competitors like Iren and CoreWeave, which have secured multi-billion dollar deals with Microsoft and Nvidia, underscoring the critical role of neoclouds in meeting AI workload demands.
- Future Outlook: Despite Nebius's stock surging over 176% in 2026, there are risks associated with current market momentum, prompting investors to carefully consider entry points to avoid potential losses from an overheated market.
See More
Nvidia Launches N1X Processor to Enter PC Market
- Processor Launch: Nvidia unveiled the N1X processor at the Computex conference in Taipei, marking its entry into the PC market with plans to collaborate with Microsoft, Dell, HP, and others to launch over 30 laptops and 10 desktops, showcasing Nvidia's strong influence in the AI chip sector.
- Technological Innovation: The N1X processor combines Nvidia's Blackwell GPU with an Arm-based CPU designed by MediaTek, featuring 128GB of unified memory and manufactured using TSMC's 3-nanometer technology, which is expected to significantly enhance PC performance, particularly in AI applications.
- Market Potential: Nvidia anticipates the PC market will reach $200 billion, and the launch of the N1X could disrupt Intel and AMD's dominance in the traditional x86 processor market, promoting the widespread adoption of Arm architecture to meet the needs of creators and AI developers.
- Vera CPU Production: Nvidia's Vera CPU is now in full production and set to launch in the fall, with early customers including OpenAI and SpaceX, boasting performance 1.8 times that of current x86 processors, indicating Nvidia's strong growth potential in the data center market.
See More
NVIDIA Launches Vera CPU, 1.8x Performance Boost Over x86
- Significant Performance Boost: The NVIDIA Vera CPU enables task completion speeds 1.8x faster than x86 processors, specifically designed for diverse workloads such as agentic AI, reinforcement learning, and data processing, which is expected to significantly enhance data center revenue.
- Wide Customer Base: Global AI labs including Anthropic, OpenAI, and SpaceXAI, along with hyperscalers like ByteDance, CoreWeave, and Oracle Cloud Infrastructure, are planning to adopt Vera CPUs to optimize their AI factories.
- Strong Market Demand: The launch of the Vera CPU addresses the growing need for high-performance, energy-efficient computing, which is anticipated to drive NVIDIA's further expansion in the AI infrastructure market, particularly in finance and cloud computing sectors.
- Ecosystem Support: Vera CPUs will be offered by leading manufacturers including Dell, HPE, and Lenovo, and are expected to become the standard CPU option beyond x86, further driving innovation in AI and data processing.
See More
Nvidia Doubles Down on AI Investments and Partnerships
- Investment Portfolio Growth: Nvidia's investment portfolio swelled to nearly $18.4 billion by the end of Q1, including a $3.8 billion investment in two AI stocks, reflecting its ongoing confidence and strategic positioning in the AI sector.
- Increased Stake in CoreWeave: Nvidia raised its stake in AI data center company CoreWeave by 95%, totaling over $3.65 billion, indicating its recognition of CoreWeave's critical role in AI data center construction, particularly with plans to build over 5GW of data centers by 2030.
- New Partnership Announcement: Nvidia formed a new partnership with photonics leader Coherent, committing to multibillion-dollar purchases and a $2 billion investment in R&D, aimed at enhancing the capabilities of laser and optical networking products essential for scaling AI infrastructure in data centers.
- Market Risk Considerations: Despite CoreWeave's promising outlook in the AI space, its high debt-to-equity ratio of 5.2 and significant shareholder dilution raise concerns about its financial health, potentially exposing it to substantial risks amid fluctuations in the AI market.
See More
