CoreWeave’s $99.4B Backlog Is Hard to Ignore
CoreWeave has secured an incredible list of customer commitments:
• OpenAI: more than $21B through 2031
• Meta: over $35B
• Nvidia: $6.3B as a paying customer
• Jane Street: $6B committed in April
• Anthropic: a multi-billion-dollar agreement
Its total backlog now stands at $99.4B—nearly twice the company’s roughly $50B market cap.
The valuation may be debated, but the demand behind CoreWeave is clearly massive.
Bullish on $CRWV.