<p><strong>CoreWeave</strong>(CRWV 0.13%) 在过去几个月吸引了投资者的注意，原因有几个。该公司与人工智能（AI）芯片巨头 <strong>Nvidia</strong> 建立了密切关系，这对其自身业务的成功至关重要，该业务为客户提供 AI 计算能力。</p>
<p>这家年轻的 AI 公司还在过去两个季度宣布了收入的飞速增长，报告了作为上市公司的业绩。最后，自三月份首次公开募股以来，CoreWeave 的股票已经上涨了超过 200%。</p>
<p>但这并不是好消息的结束。最近几周，CoreWeave 通过与客户签署数十亿美元的交易展示了其业务的实力，从与研究实验室 OpenAI 的协议扩展到与科技巨头 <strong>Meta Platforms</strong>(META -2.25%) 的新 140 亿美元交易。在这则最新消息后，CoreWeave 值得购买吗？</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzU3NzgvaW52ZXN0b3Itc21pbGluZy1waG9uZS1hdC1ob21lLmpwZyZ3PTcwMA?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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzU3NzgvaW52ZXN0b3Itc21pbGluZy1waG9uZS1hdC1ob21lLmpwZyZ3PTcwMA"/></p>
<p>图片来源：Getty Images。</p>
<h2>租赁 GPU</h2>
<p>首先，关于 CoreWeave 的业务以及为什么客户纷纷涌向它的一点说明。该公司在 GPU 即服务（GPUaaS）市场运营，这意味着它为客户提供图形处理单元（GPU）的租赁服务。客户可以按小时租用这些计算能力，或用于更长期的项目。</p>
<p>CoreWeave 与其他云服务提供商竞争，但它通过专注于 AI 工作负载而脱颖而出，这有助于优化客户的效率。像 <strong>Microsoft</strong> 或 <strong>Amazon</strong> 通过 Amazon Web Services 提供的较大云公司则更为通用，提供 AI 服务以及其他一系列超出 AI 的产品和服务。</p>
<p>Nvidia 显然支持 CoreWeave 的商业模式，因为它已经投资了该股票，并且现在持有该公司 7% 的股份。就在几周前，Nvidia 与 CoreWeave 签署了一项协议，承诺在 2032 年之前购买其任何未使用的计算能力。</p>
<p>这种关系还有其他好处，因为 CoreWeave 在三十多个数据中心运营着超过 250,000 个 GPU，已率先向客户提供 Nvidia 最新的创新。</p>
<h2>与 OpenAI 合作</h2>
<p>最近几天，OpenAI 将与 CoreWeave 的协议从最初的约 120 亿美元扩展到超过 220 亿美元。这使得 OpenAI 能够利用 CoreWeave 的计算能力来训练其最新的高级模型。</p>
<p>而就在本周早些时候，CoreWeave 宣布与 Meta 签署了一项价值 142 亿美元的云基础设施协议，为这家 “壮丽七人” 公司提供 CoreWeave 的计算能力。你可能在想到 Meta 时会想到社交媒体，因为它是 Facebook 和 Instagram 等领先应用的拥有者，但这家公司在 AI 领域也是一个重要参与者。</p>
<p>几年前，Meta 宣布了其在 AI 领域的推进，并开发了自己的大型语言模型，投入了数十亿美元进行 AI 投资。目标是利用 AI 工具，例如 Meta 的 AI 助手，让用户在其应用上停留更长时间，并利用 AI 改善广告体验。所有这些都可能在长期内大幅提升 Meta 的广告收入，而 Meta 的研究也可能导致其他产品和服务的出现。这使得 Meta 成为 CoreWeave 重要的 AI 客户。</p>
<h2>现在应该购买 CoreWeave 吗？</h2>
<p>那么，在这则最新消息后，CoreWeave 值得购买吗？Meta 的交易以及扩展的 OpenAI 合同表明，CoreWeave 的服务需求来自 AI 领军企业。而考虑到基础设施支出预计到本十年末将达到数万亿美元，需求和收入可能会继续大幅增长。</p>
<p>在最新的季度中，CoreWeave 宣布收入增长三倍，达到 12 亿美元，尽管该公司尚未盈利，但在这个阶段这是可以理解的。它目前的主要重点是投资以跟上客户对计算能力的需求。不过，CoreWeave 目前并不是谨慎投资者的最佳选择。因此，如果这是你的投资风格，你应该将该股票列入观察名单，直到公司采取更多措施实现盈利。</p>
<p>但是，如果你是一个愿意承担更多风险的激进投资者，CoreWeave 现在是一个绝佳的购买机会。这些最新的合同表明，行业领袖正在转向这家新兴的 AI 公司，这可能会随着 AI 热潮的推进而导致爆炸式增长。</p>

CRWV

<p>CoreWeave 因与 Nvidia 的紧密联系和令人印象深刻的收入增长而受到关注，自首次公开募股以来，其股价上涨了 200%。最近，它与 Meta 达成了一项价值 140 亿美元的交易，并将与 OpenAI 的协议扩大至超过 220 亿美元。CoreWeave 在 GPU 即服务市场运营，专注于人工智能工作负载。尽管尚未盈利，但其上个季度的收入增长了三倍，达到了 12 亿美元。激进的投资者可能会认为这是一个不错的买入机会，而谨慎的投资者则应关注其盈利之路</p>

<p><strong>CoreWeave</strong>(CRWV 0.13%) has grabbed investors' attention for a few reasons over the past several months. The company has secured a close relationship with artificial intelligence (AI) chip giant <strong>Nvidia</strong>, and this is a key to the success of its own business, which is offering AI compute capacity to customers.</p>
<div class="lb-trans"><p><strong>CoreWeave</strong>(CRWV 0.13%) 在过去几个月吸引了投资者的注意，原因有几个。该公司与人工智能（AI）芯片巨头 <strong>Nvidia</strong> 建立了密切关系，这对其自身业务的成功至关重要，该业务为客户提供 AI 计算能力。</p>
</div><p>This young AI player also announced soaring revenue growth over the past two quarters, reporting results as it became a publicly traded company. Finally, since that March initial public offering, CoreWeave's stock has surged more than 200%.</p>
<div class="lb-trans"><p>这家年轻的 AI 公司还在过去两个季度宣布了收入的飞速增长，报告了作为上市公司的业绩。最后，自三月份首次公开募股以来，CoreWeave 的股票已经上涨了超过 200%。</p>
</div><p>But that isn't the end of the good news. In recent weeks, CoreWeave has demonstrated the strength of its business by signing billion-dollar deals with customers, from an expansion of an agreement with research lab OpenAI to a new $14 billion deal with technology giant <strong>Meta Platforms</strong>(META -2.25%). Is CoreWeave a buy after this latest news?</p>
<div class="lb-trans"><p>但这并不是好消息的结束。最近几周，CoreWeave 通过与客户签署数十亿美元的交易展示了其业务的实力，从与研究实验室 OpenAI 的协议扩展到与科技巨头 <strong>Meta Platforms</strong>(META -2.25%) 的新 140 亿美元交易。在这则最新消息后，CoreWeave 值得购买吗？</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzU3NzgvaW52ZXN0b3Itc21pbGluZy1waG9uZS1hdC1ob21lLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F835778%2Finvestor-smiling-phone-at-home.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>GPUs for rent</h2>
<div class="lb-trans"><h2>租赁 GPU</h2>
</div><p>First, a note about CoreWeave's business and why customers have been flocking to it. The company operates in the GPU-as-a-service (GPUaaS) market, meaning it offers graphics processing units (GPUs) for rent to customers. They can rent this compute for a very short period of time, on an hourly basis, or for a longer-term project.</p>
<div class="lb-trans"><p>首先，关于 CoreWeave 的业务以及为什么客户纷纷涌向它的一点说明。该公司在 GPU 即服务（GPUaaS）市场运营，这意味着它为客户提供图形处理单元（GPU）的租赁服务。客户可以按小时租用这些计算能力，或用于更长期的项目。</p>
</div><p>CoreWeave competes with other cloud providers, but it stands out by specifically focusing on AI workloads, and this helps it optimize efficiency for customers. Larger cloud companies such as <strong>Microsoft</strong> or <strong>Amazon</strong> via Amazon Web Services are more general purpose, offering AI services as well as a range of other products and services beyond AI.</p>
<div class="lb-trans"><p>CoreWeave 与其他云服务提供商竞争，但它通过专注于 AI 工作负载而脱颖而出，这有助于优化客户的效率。像 <strong>Microsoft</strong> 或 <strong>Amazon</strong> 通过 Amazon Web Services 提供的较大云公司则更为通用，提供 AI 服务以及其他一系列超出 AI 的产品和服务。</p>
</div><p>Nvidia clearly is a supporter of the CoreWeave business model as it has invested in the stock and now holds 7% of the company. And just a few weeks ago, Nvidia signed an agreement with CoreWeave pledging to buy any of its unused capacity through 2032.</p>
<div class="lb-trans"><p>Nvidia 显然支持 CoreWeave 的商业模式，因为它已经投资了该股票，并且现在持有该公司 7% 的股份。就在几周前，Nvidia 与 CoreWeave 签署了一项协议，承诺在 2032 年之前购买其任何未使用的计算能力。</p>
</div><p>This relationship has other benefits, too, as CoreWeave, which operates a fleet of more than 250,000 GPUs across three dozen data centers, has been the first to make Nvidia's latest innovations available to customers.</p>
<div class="lb-trans"><p>这种关系还有其他好处，因为 CoreWeave 在三十多个数据中心运营着超过 250,000 个 GPU，已率先向客户提供 Nvidia 最新的创新。</p>
</div><h2>Working with OpenAI</h2>
<div class="lb-trans"><h2>与 OpenAI 合作</h2>
</div><p>In recent days, OpenAI expanded its agreement with CoreWeave to more than $22 billion from an initial agreement worth about $12 billion. This allows OpenAI to use CoreWeave's capacity to train its latest advanced models.</p>
<div class="lb-trans"><p>最近几天，OpenAI 将与 CoreWeave 的协议从最初的约 120 亿美元扩展到超过 220 亿美元。这使得 OpenAI 能够利用 CoreWeave 的计算能力来训练其最新的高级模型。</p>
</div><p>And earlier this week, CoreWeave announced a $14.2 billion cloud infrastructure deal with Meta, offering this &#34;Magnificent Seven&#34; company access to CoreWeave compute. You may think of social media when you think of Meta -- since it is the owner of leading apps such as Facebook and Instagram -- but this company also is a major player in the AI space.</p>
<div class="lb-trans"><p>而就在本周早些时候，CoreWeave 宣布与 Meta 签署了一项价值 142 亿美元的云基础设施协议，为这家 “壮丽七人” 公司提供 CoreWeave 的计算能力。你可能在想到 Meta 时会想到社交媒体，因为它是 Facebook 和 Instagram 等领先应用的拥有者，但这家公司在 AI 领域也是一个重要参与者。</p>
</div><p>A couple of years ago, Meta announced this push into AI and it has developed its own large language model and poured billions of dollars into AI investments. The goal is to use AI tools, such as Meta's AI assistant, to keep users on its apps longer and to harness AI to improve the advertising experience. All of this could supercharge Meta's advertising revenue over the long run, and Meta's research also could lead to other products and services. This makes Meta an important AI customer for CoreWeave.</p>
<div class="lb-trans"><p>几年前，Meta 宣布了其在 AI 领域的推进，并开发了自己的大型语言模型，投入了数十亿美元进行 AI 投资。目标是利用 AI 工具，例如 Meta 的 AI 助手，让用户在其应用上停留更长时间，并利用 AI 改善广告体验。所有这些都可能在长期内大幅提升 Meta 的广告收入，而 Meta 的研究也可能导致其他产品和服务的出现。这使得 Meta 成为 CoreWeave 重要的 AI 客户。</p>
</div><h2>Should you buy CoreWeave now?</h2>
<div class="lb-trans"><h2>现在应该购买 CoreWeave 吗？</h2>
</div><p>So, is CoreWeave a buy after this latest news? The Meta deal, along with the expanded OpenAI contract, shows that demand for CoreWeave's services is there -- from AI leaders. And considering infrastructure spending is forecast to reach into the trillions by the end of the decade, demand and revenue could continue roaring higher.</p>
<div class="lb-trans"><p>那么，在这则最新消息后，CoreWeave 值得购买吗？Meta 的交易以及扩展的 OpenAI 合同表明，CoreWeave 的服务需求来自 AI 领军企业。而考虑到基础设施支出预计到本十年末将达到数万亿美元，需求和收入可能会继续大幅增长。</p>
</div><p>In the latest quarter, CoreWeave announced a tripling of revenue to $1.2 billion, and though the company isn't yet profitable, this is understandable at this stage. Its main focus right now is investing to keep up with this customer demand for capacity. Still, CoreWeave isn't the best choice for a cautious investor at this point. So if this is your investment style, you should keep the stock on your watch list until the company takes more steps toward profitability.</p>
<div class="lb-trans"><p>在最新的季度中，CoreWeave 宣布收入增长三倍，达到 12 亿美元，尽管该公司尚未盈利，但在这个阶段这是可以理解的。它目前的主要重点是投资以跟上客户对计算能力的需求。不过，CoreWeave 目前并不是谨慎投资者的最佳选择。因此，如果这是你的投资风格，你应该将该股票列入观察名单，直到公司采取更多措施实现盈利。</p>
</div><p>But, if you're an aggressive investor comfortable with more risk, CoreWeave makes a fantastic buy now. These latest contracts show that the industry's leaders are turning to this up-and-coming AI player, and this could result in exploding growth as this AI boom advances.</p>
<div class="lb-trans"><p>但是，如果你是一个愿意承担更多风险的激进投资者，CoreWeave 现在是一个绝佳的购买机会。这些最新的合同表明，行业领袖正在转向这家新兴的 AI 公司，这可能会随着 AI 热潮的推进而导致爆炸式增长。</p>
</div>

在这项 140 亿美元的消息发布后，CoreWeave 是否值得买入？