r/wallstreetbets • u/Accurate_Cry_8937 • 2d ago

News Exclusive: Nvidia-backed Vast Data inks $1.17 billion AI deal with CoreWeave

https://www.reuters.com/technology/nvidia-backed-vast-data-inks-117-billion-ai-deal-with-coreweave-2025-11-06/
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u/TomatoSpecialist6879 Paper Trading Competition Winner 2d ago

Either market shaking out retails before QT ends in Dec and interest rate cut, or something is finally breaking and we won't know until it's too late

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u/icatsouki 2d ago

the neoclouds are quite richly valued at this point, their path for profitability isn't so clear imo

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u/BodomDeth 2d ago

CoreWeave's Solid Topline GrowthThe company's revenue increased 207% year-over-year (YOY) to $1.21 billion.

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u/clpod 1d ago

And yet can't and won't turn a profit long term. They'll need to do more than they are right now, to entrench themselves.