The beleaguered neocloud company’s record $3.7 billion revenue grew 168% year over year and bested forecasts.
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The Windows-maker’s announced a smoking 48% year-over-year revenue growth for its Azure cloud computing division in its earnings call.
CoreWeave’s credit swaps were priced at a nerve-rattling 60% chance of default on Thursday, according to ICE Data Services.
As enterprise spending on cloud continues to skyrocket, some leaders are questioning when enough is enough and weighing alternatives.