Rapidly Rising Data Center Costs May Complicate CoreWeave's Push to 8 Gigawatts of AI Power by 2030
The AI cloud provider has secured huge contracts, but its expansion plans are just ramping up.
Overview
Cloud-computing specialist CoreWeave (NASDAQ: CRWV) has seen its order book grow nearly 300% year over year to a staggering $99.4 billion. At the same time, the capital required to build an artificial intelligence (AI) data center is rising, with costs estimated at $15 to $25 million per megawatt to build AI-ready facilities.
Details
Source
Originally published at www.fool.com.
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