{
  "docId": "019dd923-622c-750b-8b98-4c28389e5dec",
  "docSlug": "e9969ec8b548",
  "documentTitle": "CoreWeave, Inc. (CRWV)",
  "authorId": "53_Kerrisdale_Capital",
  "authorName": "Kerrisdale Capital",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2025-09-01 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 9,
  "pageCount": 30,
  "prevPage": 8,
  "nextPage": 10,
  "slideType": "competitive_analysis",
  "function": "compare_peers",
  "density": "balanced",
  "nDataPoints": 150,
  "notes": "The slide includes a detailed table of 111+ emerging Neocloud providers and 20 sovereign Neoclouds, highlighting the fragmented nature of the market.",
  "elementsJson": [
    "paragraph",
    "comparison_table",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b98-4c28389e5dec/9",
  "deckHref": "/decks/019dd923-622c-750b-8b98-4c28389e5dec",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b98-4c28389e5dec.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-4c28389e5dec#slide-9",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Below the Neocloud giants is a bewildering number (111+ and counting) of Emerging Neoclouds, Sovereign Neoclouds, as well as brokers and aggregators – all vying for the same target customer with similar infrastructure.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-5375-7572-b866-e95cc6362971",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.78,
        "x": 0.11,
        "y": 0.66
      },
      "kind": "paragraph",
      "text": "Despite its self-styled image as a tech disruptor, CoreWeave functions more like a capital-heavy infrastructure company...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "28decfa4-0ccd-4741-beff-0749a7fa19d4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.09,
        "w": 0.78,
        "x": 0.11,
        "y": 0.09
      },
      "kind": "paragraph",
      "text": "Below the Neocloud giants is a bewildering number (111+ and counting) of Emerging Neoclouds, Sovereign Neoclouds, as well as brokers and aggregators...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5e4611b5-909f-4d68-98ce-b05b4031ffbe",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.15,
        "x": 0.11,
        "y": 0.58
      },
      "kind": "source-note",
      "text": "Source: SemiAnalysis.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5117ddcd-bc2a-42b0-b45d-a1865d35d6e7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.78,
        "x": 0.11,
        "y": 0.23
      },
      "kind": "table",
      "text": "Competitive landscape matrix of AI cloud providers by type.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "125a036f-4929-44ab-88b1-369a61a03dd5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.5,
        "x": 0.25,
        "y": 0.205
      },
      "kind": "title",
      "text": "AI Cloud Service Providers – Competitive Landscape",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4d117c59-62e5-405e-aa74-c7ba0a70f0d6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.2,
        "x": 0.11,
        "y": 0.62
      },
      "kind": "title",
      "text": "Financial Profile",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "893b7a18-70b2-4f0e-a105-aff4ca81c59e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}