AI‑driven data‑center boom lifts CoreWeave and Nebius

CoreWeave and Nebius reported double‑digit revenue growth in Q2 2026, driven by a surge in demand for AI training and inference workloads that require high‑performance GPUs.

Their earnings boosted the S&P 500’s technology sub‑index, marking the fastest sector‑wide rally in a decade.

Venture capital and private‑equity firms are racing to fund new data‑center projects, with several megawatt‑scale facilities slated for construction in Europe and North America.

Analysts predict the AI‑infrastructure market could exceed $200 billion by 2028, reshaping the cloud‑computing landscape.