<p><strong>CoreWeave</strong>(CRWV -4.96%) 和 <strong>Circle Internet Group</strong>(CRCL 1.87%) 今年早些时候进行了首次公开募股（IPO），这两只股票的表现都非常出色。自三月以来，CoreWeave 的股价已经翻了三倍，而 Circle 的股价自六月以来翻了四倍。</p>
<p>在第二季度，一些对冲基金经理购买了其中一只股票。以下这些亿万富翁尤其值得注意，因为他们在过去三年中表现超过了 <strong>标准普尔 500 指数</strong>(SNPINDEX: ^GSPC)，这使得他们的投资组合成为寻找投资想法的好地方。</p>
<ul>
<li>Coatue Management 的 Philippe Laffont 购买了 330 万股 CoreWeave，现在是他投资组合中最大的持仓，占比 8%。</li>
<li>Abrams Capital Management 的 David Abrams 购买了 27.5 万股 Circle，开始了占其投资组合约 1% 的持仓。</li>
<li>Citadel Advisors 的 Ken Griffin 购买了 718,600 股 Circle，开始了占其投资组合不到 1% 的小额持仓。</li>
</ul>
<p>继续阅读，了解 CoreWeave 和 Circle 如何在各自行业中塑造技术的未来。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzUyMTQvaW52ZXN0b3ItNDUuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzUyMTQvaW52ZXN0b3ItNDUuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>CoreWeave：塑造云计算的未来</h2>
<p>云计算并不是一项新技术，但 CoreWeave 正在通过专为人工智能（AI）构建的数据中心重塑这一行业。该公司提供基础设施和软件服务，旨在帮助客户训练和微调 AI 模型，并开发 AI 应用程序。最近收购的 Weights &amp; Biases 为平台增加了流行的开发者工具。</p>
<p>CoreWeave 与 <strong>Nvidia</strong> 关系密切，这通常意味着它在最新芯片上市时处于领先地位。此外，其技术栈专门为 AI 构建，这意味着其平台提供的性能优于传统云服务，从而为客户降低成本。实际上，CoreWeave 在 MLPerf 基准测试中通常表现优于同行，这些测试被视为衡量 AI 系统的行业标准。</p>
<p>这些优势最近使 CoreWeave 获得了 AI 云平台技术领导者的认可。研究公司 SemiAnalysis 给予 CoreWeave 最高评分，超过了 <strong>亚马逊</strong>、<strong>Alphabet</strong> 的 Google 和 <strong>微软</strong> 等大型竞争对手。分析师评论道：“我们开始看到一些企业考虑从新云租赁，大多数企业都倾向于选择 CoreWeave。”</p>
<p>CoreWeave 赢得了包括 Google、<strong>Meta Platforms</strong>、微软、Nvidia 和 OpenAI 在内的多个高端客户。事实上，该公司最近扩大了与 OpenAI 的协议，使合同总价值从 2025 年 3 月最初宣布的 119 亿美元增加到 224 亿美元。此外，另一项最近签署的协议要求 Nvidia 在 2032 年之前购买任何未售出的计算能力。</p>
<p>大局观：云计算市场目前价值约 9400 亿美元，但 Grand View Research 预计到 2030 年这一数字将达到 2.4 万亿美元。CoreWeave 处于有利位置，可以从中受益。该股票目前的交易价格为销售额的 14 倍，对于一家预计到 2027 年年收入将以 90% 的速度增长的公司来说，这一估值是合理的。</p>
<h2>Circle Internet Group：塑造全球金融的未来</h2>
<p>稳定币将法定货币的价格稳定性与区块链的高效性和安全性结合在一起，以支持快速且低成本的交易。Circle 是 <strong>USDC</strong> 和 <strong>EURC</strong> 的发行者，这两种稳定币分别与美元和欧元挂钩。该公司还提供相应的开发者工具，使企业能够将数字资产存储和支付集成到应用程序中。</p>
<p>Circle 付款网络（CPN）可以通过加快结算时间和降低汇款、供应商付款和工资的成本来改善全球金融系统。传统的通过 SWIFT（全球银行间金融电信协会）系统进行的电汇通常会产生高额费用，并需要几天才能结算，而 CPN 的费用通常较低，结算几乎是即时的。</p>
<p>Circle 报告了令人鼓舞的第二季度财务结果。由于对短期美国国债投资的储备资产产生的强劲利息收入，收入增长了 53%，达到 6.58 亿美元，推动了流通 USDC 数量的增加。调整后的 EBITDA 增长了 52%，达到 1.26 亿美元。</p>
<p>国会今年早些时候通过了《天才法案》，该法案可能通过创建联邦监管框架来加速稳定币的采用。在特朗普总统签署该法案后不久，Circle 宣布与全球第二大支付处理商 <strong>Fidelity National Information Services</strong> 建立合作关系，将为金融机构提供国内和跨境的稳定币交易。</p>
<p>大局观：稳定币市场目前价值约 3000 亿美元，但分析师预计未来几年将快速增长。<strong>花旗集团</strong> 认为，稳定币市场到 2030 年可能达到 1.9 万亿美元（基本情况）至 4 万亿美元（乐观情况）。随着更多稳定币进入流通，Circle 可能会成为主要赢家。该股票目前的交易价格为销售额的 14 倍，这是一个合理的倍数，因为华尔街预计到 2027 年年收入将以 40% 的速度增长。</p>

CRWV

CRCL

<p>亿万富翁们正在投资两只 IPO 股票，CoreWeave 和 Circle Internet Group，这两只股票自上市以来表现出显著的回报。CoreWeave 专注于人工智能云计算，其价值已增长三倍，而 Circle 作为稳定币发行商，其价值则增长了四倍。值得注意的投资者包括 Philippe Laffont 和 David Abrams。CoreWeave 因其人工智能能力和与主要科技公司的合作而受到认可，而 Circle 则通过其稳定币产品在全球金融领域中发挥着重要作用。这两家公司在各自市场中都具备良好的未来增长潜力</p>

<p><strong>CoreWeave</strong>(CRWV -4.96%) and <strong>Circle Internet Group</strong>(CRCL 1.87%) held initial public offerings (IPOs) earlier this year and both stocks have already posted monster returns. CoreWeave shares have tripled since March, and Circle shares have quadrupled since June.</p>
<div class="lb-trans"><p><strong>CoreWeave</strong>(CRWV -4.96%) 和 <strong>Circle Internet Group</strong>(CRCL 1.87%) 今年早些时候进行了首次公开募股（IPO），这两只股票的表现都非常出色。自三月以来，CoreWeave 的股价已经翻了三倍，而 Circle 的股价自六月以来翻了四倍。</p>
</div><p>A few hedge fund managers bought one of the stocks in the second quarter. The ones below, all billionaires, are particularly noteworthy because they outperformed the <strong>S&amp;P 500</strong>(SNPINDEX: ^GSPC) over the last three years, which makes their portfolios a good place to look for investment ideas.</p>
<div class="lb-trans"><p>在第二季度，一些对冲基金经理购买了其中一只股票。以下这些亿万富翁尤其值得注意，因为他们在过去三年中表现超过了 <strong>标准普尔 500 指数</strong>(SNPINDEX: ^GSPC)，这使得他们的投资组合成为寻找投资想法的好地方。</p>
</div><ul>
<li>Philippe Laffont of Coatue Management purchased 3.3 million shares of CoreWeave, now the largest position at 8% of his portfolio.</li>
<li>David Abrams of Abrams Capital Management purchased 275,000 shares of Circle, starting a position that accounts for about 1% of his portfolio.</li>
<li>Ken Griffin of Citadel Advisors purchased 718,600 shares of Circle, starting a small position that accounts for less than 1% of his portfolio.</li>
</ul>
<div class="lb-trans"><ul>
<li>Coatue Management 的 Philippe Laffont 购买了 330 万股 CoreWeave，现在是他投资组合中最大的持仓，占比 8%。</li>
<li>Abrams Capital Management 的 David Abrams 购买了 27.5 万股 Circle，开始了占其投资组合约 1% 的持仓。</li>
<li>Citadel Advisors 的 Ken Griffin 购买了 718,600 股 Circle，开始了占其投资组合不到 1% 的小额持仓。</li>
</ul>
</div><p>Read on to learn how CoreWeave and Circle are shaping the future of technology within their industries.</p>
<div class="lb-trans"><p>继续阅读，了解 CoreWeave 和 Circle 如何在各自行业中塑造技术的未来。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzUyMTQvaW52ZXN0b3ItNDUuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F835214%2Finvestor-45.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>CoreWeave: Shaping the future of cloud computing</h2>
<div class="lb-trans"><h2>CoreWeave：塑造云计算的未来</h2>
</div><p>Cloud computing is not a new technology, but CoreWeave is reshaping the industry with data centers purpose-built for artificial intelligence (AI). The company provides infrastructure and software services designed to help customers train and fine-tune AI models, and develop AI applications. And its recent acquisition of Weights &amp; Biases added popular developer tools to the platform.</p>
<div class="lb-trans"><p>云计算并不是一项新技术，但 CoreWeave 正在通过专为人工智能（AI）构建的数据中心重塑这一行业。该公司提供基础设施和软件服务，旨在帮助客户训练和微调 AI 模型，并开发 AI 应用程序。最近收购的 Weights &amp; Biases 为平台增加了流行的开发者工具。</p>
</div><p>CoreWeave has a close relationship with <strong>Nvidia</strong> that often means it is first to market with the latest chips. Also, its technology stack is specifically built for AI, which means its platform offers better performance than traditional clouds, which results in lower costs for customers. Indeed, CoreWeave typically outperforms its peers at the MLPerf benchmarks, objective tests seen as the industry standard in measuring AI systems.</p>
<div class="lb-trans"><p>CoreWeave 与 <strong>Nvidia</strong> 关系密切，这通常意味着它在最新芯片上市时处于领先地位。此外，其技术栈专门为 AI 构建，这意味着其平台提供的性能优于传统云服务，从而为客户降低成本。实际上，CoreWeave 在 MLPerf 基准测试中通常表现优于同行，这些测试被视为衡量 AI 系统的行业标准。</p>
</div><p>Those advantages recently won CoreWeave recognition as the technology leader among AI cloud platforms. Research company SemiAnalysis awarded CoreWeave the highest score, rating it above larger competitors like <strong>Amazon</strong>, <strong>Alphabet</strong>'s Google, and <strong>Microsoft</strong>. Analysts commented, &#34;We are starting to see some enterprises looking into renting from neoclouds, and most are gravitating toward CoreWeave.&#34;</p>
<div class="lb-trans"><p>这些优势最近使 CoreWeave 获得了 AI 云平台技术领导者的认可。研究公司 SemiAnalysis 给予 CoreWeave 最高评分，超过了 <strong>亚马逊</strong>、<strong>Alphabet</strong> 的 Google 和 <strong>微软</strong> 等大型竞争对手。分析师评论道：“我们开始看到一些企业考虑从新云租赁，大多数企业都倾向于选择 CoreWeave。”</p>
</div><p>CoreWeave has won several high-profile customers, including Google, <strong>Meta Platforms</strong>, Microsoft, Nvidia, and OpenAI. In fact, the company recently expanded its agreement with OpenAI, bringing the total contract value to $22.4 billion, up from $11.9 billion when the deal was initially announced in March 2025. Further, another recently inked deal obligates Nvidia to purchase any unsold computing capacity through 2032.</p>
<div class="lb-trans"><p>CoreWeave 赢得了包括 Google、<strong>Meta Platforms</strong>、微软、Nvidia 和 OpenAI 在内的多个高端客户。事实上，该公司最近扩大了与 OpenAI 的协议，使合同总价值从 2025 年 3 月最初宣布的 119 亿美元增加到 224 亿美元。此外，另一项最近签署的协议要求 Nvidia 在 2032 年之前购买任何未售出的计算能力。</p>
</div><p>Here's the big picture: The cloud computing market is worth about $940 billion today, but Grand View Research expects that figure to reach $2.4 trillion by 2030. CoreWeave is well positioned to benefit. The stock currently trades at 14 times sales, a reasonable valuation for a company whose revenue is forecast to increase at 90% annually through 2027.</p>
<div class="lb-trans"><p>大局观：云计算市场目前价值约 9400 亿美元，但 Grand View Research 预计到 2030 年这一数字将达到 2.4 万亿美元。CoreWeave 处于有利位置，可以从中受益。该股票目前的交易价格为销售额的 14 倍，对于一家预计到 2027 年年收入将以 90% 的速度增长的公司来说，这一估值是合理的。</p>
</div><h2>Circle Internet Group: Shaping the future of global finance</h2>
<div class="lb-trans"><h2>Circle Internet Group：塑造全球金融的未来</h2>
</div><p>Stablecoins blend the price stability of fiat currencies with the efficiency and security of blockchain to support fast and inexpensive transactions. Circle is the issuer of <strong>USDC</strong> and <strong>EURC</strong>, stablecoins tied to the U.S. dollar and European euro, respectively. The company also provides adjacent developer tools that let businesses integrate digital asset storage and payments into applications.</p>
<div class="lb-trans"><p>稳定币将法定货币的价格稳定性与区块链的高效性和安全性结合在一起，以支持快速且低成本的交易。Circle 是 <strong>USDC</strong> 和 <strong>EURC</strong> 的发行者，这两种稳定币分别与美元和欧元挂钩。该公司还提供相应的开发者工具，使企业能够将数字资产存储和支付集成到应用程序中。</p>
</div><p>The Circle Payments Network (CPN) could improve the global financial system by hastening settlement times and reducing costs for remittances, supplier payments, and payroll. Whereas traditional wire transfers via the SWIFT (Society for Worldwide Interbank Financial Telecommunications) system often incur high fees and take days to settle, CPN fees are usually lower and settlement happens almost instantly.</p>
<div class="lb-trans"><p>Circle 付款网络（CPN）可以通过加快结算时间和降低汇款、供应商付款和工资的成本来改善全球金融系统。传统的通过 SWIFT（全球银行间金融电信协会）系统进行的电汇通常会产生高额费用，并需要几天才能结算，而 CPN 的费用通常较低，结算几乎是即时的。</p>
</div><p>Circle reported encouraging second-quarter financial results. Revenue increased 53% to $658 million, due to strong growth in interest income -- which is earned on reserve assets invested in short-term U.S. Treasury bonds -- driven by an increase in the amount of circulating USDC. Adjusted EBITDA increased 52% to $126 million.</p>
<div class="lb-trans"><p>Circle 报告了令人鼓舞的第二季度财务结果。由于对短期美国国债投资的储备资产产生的强劲利息收入，收入增长了 53%，达到 6.58 亿美元，推动了流通 USDC 数量的增加。调整后的 EBITDA 增长了 52%，达到 1.26 亿美元。</p>
</div><p>Congress earlier this year passed the Genius Act, legislation that could hasten stablecoin adoption by creating a federal regulatory framework. Shortly after President Trump signed the bill, Circle announced a partnership with <strong>Fidelity National Information Services</strong>, the world's second largest payment processor, that will offer domestic and cross-border stablecoin transactions to financial institutions.</p>
<div class="lb-trans"><p>国会今年早些时候通过了《天才法案》，该法案可能通过创建联邦监管框架来加速稳定币的采用。在特朗普总统签署该法案后不久，Circle 宣布与全球第二大支付处理商 <strong>Fidelity National Information Services</strong> 建立合作关系，将为金融机构提供国内和跨境的稳定币交易。</p>
</div><p>Here's the big picture: The stablecoin market is worth about $300 billion today, but analysts anticipate rapid growth in the years ahead. <strong>Citigroup</strong> thinks the stablecoin market could reach $1.9 trillion (base case) to $4 trillion (bull case) by 2030. Circle is likely to be a major winner as more stablecoins enter circulation. The stock currently trades at 14 times sales, a fair multiple when Wall Street expects revenue to increase at 40% annually through 2027.</p>
<div class="lb-trans"><p>大局观：稳定币市场目前价值约 3000 亿美元，但分析师预计未来几年将快速增长。<strong>花旗集团</strong> 认为，稳定币市场到 2030 年可能达到 1.9 万亿美元（基本情况）至 4 万亿美元（乐观情况）。随着更多稳定币进入流通，Circle 可能会成为主要赢家。该股票目前的交易价格为销售额的 14 倍，这是一个合理的倍数，因为华尔街预计到 2027 年年收入将以 40% 的速度增长。</p>
</div>

亿万富翁购买了两只塑造未来科技的巨型 IPO 股票