Non-GPU services ARR in Q2
Company: CoreWeave
The claim, verbatim
Non-GPU revenue from storage, CPU, networking, and software exceeded $400 million in annualized recurring revenue in Q2
Source (primary)
SMCI vs. CoreWeave: 1 AI Infrastructure Model Has the Bigger Opportunity - Yahoo Finance (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “Coreweave also generates revenue from businesses beyond GPUs, including storage, CPU, networking, and software, which exceeded $400 million in annualized recurring revenue (ARR) in the second quarter.”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The article lists the same non-GPU categories and the $400 million-plus ARR figure for Q2.
Confirmed in the source:
- CoreWeave's revenue from businesses beyond GPUs includes storage, CPU, networking, and software
- That non-GPU business exceeded $400 million in annualized recurring revenue in the second quarter
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/smci-vs-coreweave-1-ai-113002988.html) in full (13,617 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms SMCI vs. CoreWeave: 1 AI Infrastructure Model Has the Bigger Opportunity - Yahoo Finance
Quote: “Coreweave also generates revenue from businesses beyond GPUs, including storage, CPU, networking, and software, which exceeded $400 million in annualized recurring revenue (ARR) in the second quarter.”