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CoreWeave proves Nvidia's aging AI GPUs from 2020 can generate profit nine years after deployment, signs A100 contracts into 2029 — power constraints and legacy infrastructure keep old GPUs profitable

CoreWeave reported $2.58 billion in quarterly revenue, up 112% year over year.

August 13, 2026

TL;DR

CoreWeave reported $2.58 billion in quarterly revenue, up 112% year over year.

## CoreWeave proves Nvidia's aging AI GPUs from 2020 can generate profit nine years after deployment, signs A100 contracts into 2029 — power constraints and legacy infrastructure keep old GPUs profitable

CoreWeave reported $2.58 billion in quarterly revenue, up 112% year over year.

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*Source: [TomsHardware](https://www.tomshardware.com/tech-industry/coreweave-ceo-mike-intrator-says-it-has-signed-an-a100-contract-running-into-2029)*

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CoreWeave proves Nvidia's aging AI GPUs from 2020 can generate profit nine years after deployment, signs A100 contracts into 2029 — power constraints and legacy infrastructure keep old GPUs profitable

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