Full-Time
Updated on 8/13/2026
GPU-accelerated cloud computing platform
$182k - $242k/yr
No H1B Sponsorship
New York, NY, USA + 1 more
More locations: Sunnyvale, CA, USA
Remote
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CoreWeave provides cloud computing resources tailored for GPU-accelerated workloads. It offers high-performance, pay-as-you-go access to NVIDIA GPU hardware hosted on bare-metal servers managed by Kubernetes, enabling tasks such as Generative AI, machine learning, LLM inference, VFX rendering, and pixel streaming. Users run GPU-intensive workloads on a fully managed, serverless Kubernetes platform without needing to own or manage the underlying hardware. The company differentiates itself by specializing in GPU workloads, offering a wide range of NVIDIA GPUs, and reducing operational burden through its bare-metal, Kubernetes-based infrastructure. CoreWeave’s goal is to deliver scalable, cost-efficient, high-performance infrastructure for AI, HPC, and digital content creation workloads.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Livingston, New Jersey
Founded
2017
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Tuition Reimbursement
Mental Health Support
Family Planning Benefits
Paid Parental Leave
Hybrid Work Options
401(k) Company Match
Unlimited Paid Time Off
Catered lunch each day in our office and data center locations
A casual work environment
CoreWeave shares rose Wednesday after the AI infrastructure company beat analyst estimates and reported strong demand. The company posted quarterly revenue up 112.5% year-over-year and disclosed a revenue backlog of $104 billion, with over $25 billion added early in the current quarter. Tech investor Dan Ives highlighted CoreWeave and Cisco Systems as key earnings reports this week that demonstrate continued momentum in the AI sector. Ives, now leading Yorkville Ives, told CNBC the AI revolution remains in its "second or third inning" and is shifting from capital expenditure spending to monetisation. Cisco reports fourth-quarter results Wednesday after market close, with analysts expecting record quarterly revenue of $16.82 billion. Strong results from both companies could build momentum ahead of Nvidia's second-quarter earnings on 26 August.
CoreWeave reported second-quarter revenue of $2.575 billion, up 112% year over year, as the AI cloud operator maintains its target of more than 8 GW of active power by 2030. The company held approximately 4.2 GW in contracted power as of Tuesday, with another 1.5 GW in powered-land options and letters of intent. Operating capacity reached roughly 1.5 GW at quarter-end, with CoreWeave targeting more than 3 GW by end-2027. CEO Mike Intrator said data-centre moratoriums would redirect construction to supportive jurisdictions rather than reduce demand. He cited grid investment, employment and tax revenue as benefits for host communities. New York's recent executive order paused certain environmental approvals for hyperscale data centres consuming at least 50 MW for up to one year whilst agencies develop regulatory frameworks.
CoreWeave reported second-quarter revenue of $2.575 billion, beating Needham's $2.535 billion estimate and up 112% year over year. Adjusted operating income reached $128 million, more than double the firm's $63 million forecast. The company raised full-year guidance to $12.4 billion to $13.2 billion in revenue and $960 million to $1.15 billion in adjusted operating income. Capital expenditure guidance stands at $35 billion to $39 billion. Needham raised its 2026 revenue estimate to $12.883 billion and 2027 revenue forecast to $26.560 billion whilst maintaining its Hold rating, citing full valuation at $90.32. CoreWeave's backlog increased 246% year over year to $104.2 billion, excluding more than $25 billion in new commitments added during the first 40 days of the third quarter.
CoreWeave raised its 2026 revenue guidance to $12.4-$13.4 billion and adjusted operating income outlook to $960 million-$1.15 billion during its Q2 earnings call. The company reported second-quarter revenues of $2.58 billion, up 112% year over year, beating the consensus estimate of $2.54 billion. Management highlighted improved contract economics, with Q2 deals carrying contribution margins 5-10 percentage points higher than recent quarters. The company implemented approximately 25% price increases across products in July. CoreWeave's managed inference business grew rapidly, with booked annual recurring revenue rising from $1 million to over $100 million within a quarter. The company expects at least $250 million in managed inference ARR by year-end 2026. Revenue backlog stood at $104.2 billion, excluding more than $25 billion in new commitments added in early Q3.
CoreWeave could eventually scale annual revenue above $100 billion as declining GPU costs unlock new AI infrastructure demand, according to Morningstar analyst Luke Yang. He expects cheaper computing to create "long-tail demand" from organisations building proprietary AI models, dramatically expanding CoreWeave's addressable market. Following second-quarter results, Morningstar raised its fair value estimate to $115 from $106, implying 28% upside potential. CoreWeave shares rose 18% in pre-market trading Wednesday. The company's revenue backlog grew 56% sequentially to $104 billion in the second quarter, excluding $25 billion added in the third quarter. Active power capacity surpassed 1.5 gigawatts during the quarter. CoreWeave's managed inference service reached $100 million in annual recurring revenue shortly after launch, which Morningstar said could support improved margins long-term.