Most Investors Are Chasing Flashy IPOs. CoreWeave Is the One I Predict Will Outperform by 2028.

Key Points CoreWeave is expanding beyond cloud rental into inference, agentic AI, and enterprise services through its Weights & Biases integration and Physical AI Field Engineering program. Its customer base now spans AI labs, hyperscalers, and enterprises like Meta, Caterpillar, and Bentley Systems, backed by a $104 billion revenue backlog. CoreWeave is rapidly scaling power capacity, now near 4.2 gigawatts contracted, with Nvidia's backing supporting a build-out of more than 5 gigawatts by 2030. 10 stocks we like better than CoreWeave › The last few years have seen a flurry of flashy IPOs, but I'm more interested in the companies building the infrastructure behind the boom.