# CoreWeave, Nebius soar as AI spending powers growth

> Source: <https://ca.finance.yahoo.com/video/coreweave-nebius-soar-ai-spending-141200933.html>
> Published: 2026-08-12 14:12:00+00:00

CoreWeave ([CRWV](https://finance.yahoo.com/quote/CRWV/)) and Nebius ([NBIS](https://finance.yahoo.com/quote/NBIS/)) shares skyrocket following earnings, as revenue surges to "stupid" levels and demand for AI infrastructure continues to soar. Both companies are benefiting from an AI spending boom that is accelerating faster than Wall Street expected.