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Neocloud operator CoreWeave remains bullish about its prospects, claiming that changing patterns of AI use will create sustained demand for its cloud services. The New Jersey firm is among the most prominent rent-a-GPU businesses spawned by demand for AI training infrastructure, but is now attempting to move up the technology stack – a shift consultants at McKinsey said neoclouds would need to make to survive. "AI is no longer confined to frontier model labs. It is becoming embedded in software, industrial systems, financial markets, enterprise workflows, and national security missions," claims CoreWeave co-founder and CEO Michael Intrator. Intrator also claimed that deploying AI applications is turning compute from a large upfront requirement into a recurring expense. "For the last several years, many organizations treated a model like a deliverable. Train it, deploy it, and move on. Enterprises no longer operate that way," Intrator told analysts on a conference call for CoreWeave's financial results for the second quarter ended June 30. "Training, inference, evaluation, and improvement now form a single continuous loop. Models and agents in production generate real-world data. That data informs evaluation, driving new experiments, which improve the model or application before being redeployed into production." CoreWeave's pitch is that this continuous cycle is changing both the demand curve and the economics of AI. "Compute is no longer a one-time requirement concentrated at the beginning of a model's life. It becomes an ongoing requirement that grows with every application in production and every cycle of improvement," Intrator said, adding: "Our AI native platform was built for this." CoreWeave expects its managed inference services, launched only a few months ago, to reach an annual recurring revenue run rate of at least $250 million by the end of 2026. Yet all is not rosy. Revenue rose 112 percent year-on-year to $2.575 billion, but operating expenses reached $2.624 billion, resulting in a $49 million operating loss. Interest and other costs helped widen the net loss to $626 million. Most of that growth also came from existing clients rather than new ones. According to CoreWeave's Form 10-Q [PDF] filed with the SEC, approximately 93 percent of the revenue increase was attributable to expansion within its existing customer base, with the remainder attributable to new customers. In fact, the firm concedes that just three customers accounted for 36 percent, 26 percent, and 10 percent of quarterly revenue respectively – 72 percent between them. It also warns that "while we have historically experienced significant growth in revenue over the last three years, we cannot predict whether we will maintain this level of growth or when we will achieve positive net income." The company is also carrying substantial debt. As of June 30, total indebtedness stood at $35.6 billion, helping to push quarterly net interest expense up 140 percent to $640 million. CoreWeave also had $10 billion available to borrow under its revolving credit and delayed-draw term loan facilities, according to its Form 10-Q. Nor can it stop spending on infrastructure. CoreWeave expects 2026 capital expenditure of between $35 billion and $39 billion. CoreWeave also warned that it faced competition from much larger and more established cloud operators, such as AWS, Microsoft Azure, and Google, "a number of which are also our current customers," which it may not be able to compete with because of the resources they can bring to bear on building infrastructure and AI development. Investors nevertheless welcomed the results, sending CoreWeave's shares up almost 19 percent in early Wednesday trading, according to MarketWatch. "The opportunity ahead is generational. CoreWeave is the essential cloud for AI," stated Intrator. "Our conviction in our strategy has never been stronger, and our execution continues to reinforce it." ®

This new funding comes after Lovable hit $500 million in annualized run rate revenue in June, the startup told TechCrunch.

Wisconsin’s wild and messy gubernatorial primary came to a stunning close Tuesday night, when Democratic voters rejected progressive Francesca Hong in favor of moderate Democrat David Crowley by the narrowest of margins. To say that Crowley’s win was a shock is an understatement. Crowley had dropped out of the race in July but reentered 10 days later at the urging of outgoing Democratic…

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⚡ Quick Take

• At last, we’ll see the adventures of Captain Seven of Nine and the crew of the Enterprise-G in a new ongoing Star Trek comic.
• The series will take place five years after the finale of Star Trek: Picard
• Characters from Picard, like Jack Crusher and “Crash” La Forge, will feature heavily.
• Nerdist’s Take: This is the sequel to Star Trek: Picard that Trekkers have waited years for.

At the end of the much-loved third season of Star Trek: Picard, the U.S.S. Titan becomes the new starship Enterprise, NCC-1701-G. And her commanding officer is none other than Voyager’s iconic ex-Borg, Seven of Nine, played by Jeri Ryan. The finale of the series promised adventures that sadly never happened on screen. But they will happen in a new ongoing comic book series from the folks at IDW, titled, simply enough, Star Trek. (Really, you can’t go wrong keeping it simple with that title.) What better way to celebrate the franchise’s 60th anniversary? (And just a reminder that if you’d like to snag a pre-order for Star Trek #1, pre-orders close on 8/17. And trust us, you’ll want to after seeing our exclusive preview pages of the Star Trek comic below.)

Star Trek #1 Exclusive Preview Pages: Catch Up with Seven of Nine and the Enterprise-G Five Years After Picard IDW/Paramount

You can check out several exclusive preview pages and covers from the all-new Star Trek #1, written by Christopher Cantwell, with art by Dennis Menheere, and letters from Jodie Troutman, below:

Click To View Gallery IDW/Paramount IDW/Paramount Paramount/IDW IDW/Paramount IDW/Paramount Paramount/IDW IDW/Paramount Paramount/IDW IDW/Paramount Paramount/IDW IDW/Paramount Paramount/IDW IDW/Paramount

In our exclusive look at the pages of Star Trek #1, we see Captain Seven of Nine, five years after the events of the Picard finale. She’s speaking to a Lt. Commander Sato, a likely descendant of Star Trek: Enterprise’s Hoshi Sato. Seven is clearly missing her former first officer, Raffi Musiker. But now, Seven has lost Raffi to her own command. However, she still has her special counselor, Jack Crusher, son of Jean-Luc Picard and Dr. Beverly Crusher. And he even shares a Borg telepathic link with her, which is a new wrinkle. But Seven feels the weight of her upcoming mission. Not to mention the weight of the Enterprise and her many iconic Captains looming large. She reflects on Captains Pike, Kirk, Rachel Garrett, and, of course, Picard. Can she and her Enterprise crew live up to their incredible legacies? We have faith in our favorite ex-Borg and her stalwart crew and can’t wait to follow their adventures in the new Star Trek comic.

IDW/Paramount Star Trek #1 Sees the Enterprise-G on a “Desperate Mission”

Additionally, you can explore the official solicitation for IDW’s Star Trek #1, along with a special cover gallery, which includes many variant covers featuring characters from the series.

Their mission is new. Their legacy is not. From the pen of fan-favorite writer Christopher Cantwell (Star Trek: Defiant, Star Trek: Red Shirts) and the brush of psychedelic standout Dennis Menheere (Etheres, Little Nightmares) comes the launch of an all-new flagship…and this time, we’re busting out of the four quadrants. The Enterprise-G is on a desperate mission beyond the known galaxy to relocate the dying Revlavan people when its crew finds a perfect new home in a region of unknown space called the Epsilon Corridor. Three pristine Class-M worlds—the Trinity—await the refugees.

No signs of civilization. No detectable threats. A colonist’s dream. But the dream fractures fast.
When Captain Seven of Nine and her divided, fast-tracked crew begin exploring the Trinity, they
uncover disturbing contradictions: vanished structures, inexplicable artifacts, time skips, and
evidence of a presence Starfleet’s century-old probes never detected. Each world houses a
different ecosystem, different physics problems, and different secrets—as if they’ve been
curated…or quarantined. But from who? Or what? The first arc of Star Trek delivers a prestige, mystery-driven, high-stakes psychological thriller of an opening salvo—new worlds, new species, new existential threats—anchored by Seven, Jack, and Crash La Forge fighting to keep the mission together as the Galaxy’s oldest ghosts awaken.

Paramount/DW Star Trek Writer Christopher Cantwell Shares the Question of This Comic Is ‘How Do We Survive’ Paramount/IDW

Here’s what Star Trek writer Christopher Cantwell has to say about this exciting new launch, and the continuing voyages of the new Federation flagship:

“This newest launch of Star Trek is all about looking FORWARD. Boldly going. We can’t
ignore the past and won’t — there’s sixty years of history here and in story time within the Trek
universe, multiple centuries. But this story is very much about how we carry ourselves and our
pasts with us ever forward into the future. The question is: how do we survive? How do we
evolve? It’s a question for our characters and Star Trek as a whole as we cross the halfway
point of 2026. Star Trek has always been about heading into the (at times frightening!)
unknown of the future because we believe a good one is still possible. That’s something that
keeps me going in my life on a daily basis these days, and I’m so eager to imbue this latest
Trek chapter with that core essence alongside Dennis, Charlie Jane, Isaac, and our incredible
IDW team.

Star Trek #1 warps into comic book shops on September 23, 2026, just a few weeks after the franchise’s 60th anniversary. Pre-orders for Star Trek #1 are due August 17.

The post Exclusive Preview Pages: STAR TREK #1 Comic Stars Captain Seven of Nine appeared first on Nerdist.

The new app launches with Facebook's AI creator assistant built into it, providing creators with personalized recommendations based on their content style, performance, audience engagement, and goals.

Follow me on Bluesky or Mastodon Related | Trump’s propaganda history trucks may soon visit your neighborhood…

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Investors are still waiting for their share of the $250 million windfall, and VideoVerse co-founder Vinayak Shrivastav is now at the center of multiple legal cases.