CoreWeave, Inc.CRWV

CoreWeave launched unified agentic AI capabilities including Sandboxes and ARIA.

“Confidential Information – Do Not Distribute Continued Momentum with Exceptional Execution in Q2 6 1 Revenue Backlog¹ $ 104.2B +246% YoY Does not include more than $25 billion of net new customer commitments added in early Q3 Revenue $ 2.6B +112% YoY Adj. Operating Income Margin ¹ Strengthened Financial Position $ 14B + An AI Cloud Built to Scale 1. First AI cloud provider to bring up and validate NVIDIA's Vera Rubin NVL72 2. Delivered seven new AI platform capabilities to accelerate AI development and deployment 3. Posted record MLPerf ® benchmarks across training and inference 4. Launched unified agentic AI capabilities, including Sandboxes and ARIA to fuel the AI loop 5. Unlocked faster AI deployments for enterprises through cross - cloud services Select New Customers Select Customer Expansions Note: 1. Non- GAAP measure; see Appendix for GAAP reconciliation. 2. As of Q2 2026 earnings call on August 11, 2026 Scaling Our Capacity Active Data Centers 51 Total Contracted Power 2 ~4.2 GW Active Power ~ 1.5 GW Expanded by nearly 500 MW in Q2 Raised across debt, convertibles, and equity in Q2 Nasdaq - 100 Index Included as one of 100 largest non - financial companies listed on the Nasdaq Stock Market 1% → 5% Q1 → Q2”

Caterpillar deploys NVIDIA Vera Rubin with CoreWeave to train physical-AI models.

“Confidential Information – Do Not Distribute RECENT CUSTOMER WINS ~10% of revenue backlog driven by financial - services customers 1 RECENT CUSTOMER WIN Caterpillar deploys NVIDIA Vera Rubin with CoreWeave as its data factory to train specialized physical - AI models at industrial scale RECENT CUSTOMER WIN CoreWeave selected to power training and inference for CrowdStrike’s new agentic AI cybersecurity system SafeMind Enterprises Are Developing New Vertical Use Cases on CoreWeave Established enterprises across industries are moving into production on CoreWeave 9 Select Use Case: physical AI, robotics, and simulation Training and simulating the world models, foundation models , and generative - design systems behind physical AI, from autonomous construction equipment and vehicles to humanoid robots and engineering simulation Select Use Case: quantitative trading and research Migrating high - intensity foundation - model training and AI research onto CoreWeave, deployed for quantitative trading strategies, market making , and systematic research at scale Select Use Case: AI - native security Running large - scale AI training and low - latency inference to power real - time threat detection, autonomous response , and network protection across billions of events each day Note: 1. As of September 13, 2026 4 Industrial / Physical AI Financial Services Cybersecurity”

Agentic AI workloads differ from legacy cloud platforms built for serialized tasks.

“Confidential Information – Do Not Distribute Single Chip Failure If… Entire Job Fails , Massive Waste of Compute Resources Then Parallelized Workloads Generative and Agentic AI VFX and Rendering Drug Discovery High - Frequency Trading Single Chip Failure If… Simple Tasks Offloaded to Other Processors Then Serialized Workloads Website Hosting Databases SaaS Applications Email Systems 14 Workloads Required for AI Are Fundamentally Different Legacy Cloud Compute Platforms Were Built for a Different Era”

CoreWeave launched unified agentic AI capabilities connecting training, inference and learning.

“◦ Launched unified agentic AI capabilities that connect training, inference, observability, and reinforcement learning to empower agents to continuously learn and improve in production, including:”

CoreWeave launched Serverless RL for training AI agents and partnership with CrowdStrike for agentic era AI cloud.

“Continued Momentum with Exceptional Execution in Q4 Other Noteworthy Customer Wins Across AI Key Technology Strengthened Financial Updates Labs, Hyperscalers and Leadership Milestones Position Enterprises ● Partner of choice for leading AI pioneers● Named the first NVIDIA Exemplar Cloud● Priced inaugural convertible senior note● Launched CoreWeave Federal, and enterprises including: Cognition, for GB200 NVL72 offering, raising ~$2.6B in an upsized extending our AI cloud platform to CrowdStrike, Cursor, Mercado Libre, offering support government and public sector ● Achieved the only SemiAnalysis’ Midjourney, Runway use cases Platinum ClusterMAX rating● Expanded our revolving credit facility ● Expanded relationships with both to $2.5B, enhancing financial flexibility● Joined the Genesis Mission, a U.S. ● Launched AI Object Storage and Zero existing hyperscaler cloud customers to support growth initiatives Department of Energy initiative focused Egress Migration on accelerating discovery science, ● Acquired Monolith and Marimo: strengthening national security, and expanding our AI cloud platform advancing U.S. energy innovation ● Expanded CoreWeave Mission ● Announced a major global partnership Control to accelerate enterprise AI with CrowdStrike, collaborating to adoption power a secure AI cloud foundation for the agentic era ● Launched Serverless RL, enabling developers to train AI agents with faster feedback loops”

CoreWeave Cloud platform supports full AI lifecycle including agentic workflows for customers.

“CoreWeave is The Essential Cloud for AI TM , purpose-built to accelerate breakthroughs by AI pioneers, from leading research labs to enterprises fueling business growth. Our CoreWeave Cloud platform enables the full lifecycle of AI, including large-scale model training, inference, data movement, continuous iteration, and agentic workflows. CoreWeave Cloud combines proprietary software and orchestration, advanced infrastructure, and managed cloud services within a highly secure environment to deliver best-in-class high-performance computing, enabling our customers to develop, deploy, and operate advanced AI models and applications at scale.”

CoreWeave Cloud is used by customers for agentic AI, agent development and inference workloads.

“CoreWeave is the Essential Cloud for AI, purpose-built to accelerate breakthroughs by AI pioneers, from leading research labs to enterprises fueling business growth. Our customers rely on CoreWeave Cloud for their demanding use cases—including AI model training, agentic AI and inference, agent development, and specialized workloads—because it provides the pace, performance, and transformative partnership they need.”

CoreWeave networking backbone supports customer training, inference and agentic AI workloads.

“Networking Backbone. Our network backbone supports the bandwidth and connectivity that our customers need to move large-scale distributed AI workloads. We designed and built a carrier-grade network backbone engineered specifically for the ultra-low latency, high-throughput requirements of our customers' training, data replication, inference, and agentic AI initiatives. Our state-of-the-art backbone connects data centers across North America and Europe with high speed terrestrial and subsea fiber optic cables designed for massive scalability, reliability, and security. CoreWeave's networking backbone is designed with direct peering to major carriers and provides hybrid and multicloud connectivity, supported by our "Zero Egress Migration" program that can reduce or eliminate data transfer or egress fees. Customers can connect to our backbone via high-speed Direct Connect tailored to a wide range of requirements—with physical connectivity options of 10Gbps, 100 Gbps, and 400 Gbps of bandwidth. We continue to enhance our networking backbone to serve the evolving business needs of our customers, including large AI labs leveraging our backbone to connect multi-cloud inference infrastructures.”

CoreWeave expects to deploy NVIDIA Rubin platform to support large-scale inference, reasoning and agentic AI.

“We continue to extend and enhance our foundational infrastructure with the latest GPU and CPU innovations, and expect to be among the first cloud providers to deploy the NVIDIA Rubin platform, expanding our support for large-scale inference, reasoning, and agentic AI.”

CoreWeave provides and acquires tools to build, evaluate, deploy and monitor models and AI agents for customers.

“Model and Agent Development. CoreWeave provides the developer tools and integrations teams use to build, evaluate, deploy, and monitor models and agents, with experiment tracking, governance and guardrails, and workflow integrations that speed iteration from prototype to production. With Weights & Biases (acquired by CoreWeave in 2025), we provide a comprehensive, proven AI development platform and cutting-edge tools for AI development—including model pre-training (W&B Models), post-training (W&B Training), model serving (W&B Inference), and agent evaluation and monitoring (W&B Weave). For our customers, these tools mean faster, more efficient AI agent development, from training to production. Our integrated capabilities enable our customers to correlate infrastructure events with model performance while providing observability tools for debugging. In October 2025, we also acquired Marimo, creator of the marimo notebook, an open-source, AI-native environment, to unify the generative AI development workflow and enable faster, smarter AI development. And in September 2025, we acquired OpenPipe, a leading platform for training AI agents with RL. In October 2025, we launched the first publicly available serverless RL capability to build reliable AI agents. This first joint offering from Weights & Biases and OpenPipe enhances our customers' ability to train with RL—quickly, easily, and at scale. Our expanding agent development capabilities help our customers accelerate experimenta”

CoreWeave Cloud is used by customers for agentic AI and inference use cases.

“We work closely with our customers to tailor their solution based on their performance needs (e.g., GPU selection), specific use case (AI model training, agentic AI and inference, and specialized workloads), and business goals—from pioneering labs and researchers envisioning the next AI breakthroughs to enterprises seeking an AI-driven competitive advantage. In all cases, our customers benefit from CoreWeave Cloud, purpose-built for AI innovation at every layer.”

CoreWeave launched Serverless RL for training AI agents.

“◦ Launched Serverless RL, the first publicly available fully managed reinforcement learning capability, enabling developers to train AI agents with faster feedback loops and lower barriers to entry”

CoreWeave announced global partnership with CrowdStrike for AI cloud.

“◦ Announced a major global partnership with CrowdStrike, collaborating to power a secure AI cloud foundation for the agentic era”

CoreWeave acquired OpenPipe, a platform for training AI agents with reinforcement learning.

“◦ Acquired OpenPipe, a leading platform for training AI agents with reinforcement learning”

CoreWeave references W&B Weave for real-time insights into AI agent performance in production.

“◦ W&B Weave Online Evaluations: provides real-time insights into how their AI agents are performing in production”

CoreWeave describes parallelized workloads for generative and agentic AI applications.

“Parallelized Workloads are Fundamentally Different Today’s traditional cloud compute platforms are not optimized for the parallelized workloads of AI Serialized Workloads Parallelized Workloads SaaS Generative and VFX and High-Frequency Website Hosting Databases Email Systems Drug Discovery Applications Agentic AI Rendering Trading Single Chip Failure Single Chip Failure If… If… Simple Tasks Offloaded to Other Processors Entire Job Fails, Massive Waste of Compute Resources Then Then 4”

CoreWeave contrasts compute needs of parallelized AI and Agentic AI workloads.

“Parallelized Workloads are Fundamentally Different Today’s traditional cloud compute platforms are not optimized for the parallelized workloads of AI Serialized Workloads Parallelized Workloads SaaS Generative and VFX and High-Frequency Website Hosting Databases Email Systems Drug Discovery Applications Agentic AI Rendering Trading Single Chip Failure Single Chip Failure If… If… Simple Tasks Offloaded to Other Processors Entire Job Fails, Massive Waste of Compute Resources Then Then 4”

CoreWeave describes industry shift from generative AI to agentic AI applications.

“AI has advanced significantly. There is a proliferation of new use cases as AI models become more advanced and their capabilities extend beyond simple prediction and rules-based pattern recognition, to foundational model-based applications with human-like reasoning and judgment capabilities. AI is moving beyond generative AI, which is focused on content creation, to agentic AI that takes action to assist and advise across myriads of use cases.”

CoreWeave notes the shift from generative AI to agentic AI that takes action across use cases.

“AI has advanced significantly. There is a proliferation of new use cases as AI models become more advanced and their capabilities extend beyond simple prediction and rules-based pattern recognition, to foundational model-based applications with human-like reasoning and judgment capabilities. AI is moving beyond generative AI, which is focused on content creation, to agentic AI that takes action to assist and advise across myriads of use cases.”

CoreWeave discusses AI advancing from generative to agentic AI with human-like reasoning.

“AI has advanced significantly. There is a proliferation of new use cases as AI models become more advanced and their capabilities extend beyond simple prediction and rules-based pattern recognition, to foundational model-based applications with human-like reasoning and judgment capabilities. AI is moving beyond generative AI, which is focused on content creation, to agentic AI that takes action to assist and advise across myriads of use cases.”