CoreWeave expanded its active power capacity by nearly 500 megawatts during the second quarter, bringing total active power to 1.5 gigawatts. Contracted power reached approximately 3.7 gigawatts as the company diversified its portfolio of providers and expanded its powered land footprint. Power availability remains a key constraint for specialized cloud infrastructure, and CoreWeave's expansion reflects the physical scale needed to meet customer demand. The company's revenue backlog stood at about $104 billion as of June 30, not including the more than $25 billion in net new customer commitments added in early 3Q.

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