Neoclouds CoreWeave, Nebius, and Cerebras posted their Q2 2026 earnings results this week.
The AI cloud providers all saw revenues accelerate as demand for AI services increased, but also posted growing losses as they continue to quickly build out their data center capacity.
CoreWeave: Revenue accelerating, losses widening
AI cloud firm CoreWeave continued to accelerate both its revenues and losses this quarter.
The company posted revenues of $2.575 billion for Q2 2026, up from $1.212bn in Q2 2025. The company posted a $49 million operating loss, a swing from $19m in operating income the year prior.
