CoreWeave CEO defends capex plans, says company is meeting 'demand signals' from major companies
1. CoreWeave's shares rose over 5% amid strong revenue reports. 2. Expecting $20-$23 billion in capex, significantly above analyst estimates. 3. CEO emphasized growth in demand for AI server infrastructure. 4. Wall Street questions sustainability of demand and high debt levels. 5. Company aims for $4.9-$5.1 billion revenue this year, indicating aggressive growth.