Neocloud says AI compute demand is becoming continuous, but so is the spending

Ahead of Q2 earnings, Shay Boloor warns CoreWeave and NeoClouds must prove if their revenue ramp can catch up to massive $100B AI backlogs.

CoreWeave projects Q2 2026 revenue of $2.55B to $2.56B, roughly doubling year over year as demand for AI GPU cloud infrastructure continues to