The AI Daily Brief · Thursday, August 13, 2026
Cloud providers CoreWeave and Nebia's have reported substantial revenue growth and significant backlogs, indicating strong demand for AI compute. CoreWeave's revenue doubled year-over-year to $2.6 billion with a $104 billion backlog, while Nebia's saw 454% revenue growth to $582 million.
“On Tuesday night, CoreWeave reported that revenue had doubled over the past year to reach $2.6 billion for the quarter.”
“CoreWeave reported a $104 billion backlog in demand.”
“They recorded 454% revenue growth over the past year to reach $582 million.”
“With CEO Aed Veloz telling investors, demand for what we're building continues to be enormous.”