"Kimi K2.6 is Moonshot AI’s flagship open-source model, released on April 20, 2026. It is one of the most widely used open-weight models, ranking #2 on OpenRouter’s leaderboards."
Oppenheimer raised price target from $140 to $150.
Wells Fargo raised price target from $125 to $135.
Source: https://time.com/article/2026/04/27/time100-companies-software/
The cloud built for AI
CoreWeave may be invisible to consumers, but it has become one of the companies making the AI boom possible. The New Jersey-based firm supplies the specialized cloud infrastructure that AI companies need to train and run their models at scale. Its growth has been staggering. In 2025, the company went public and reported $5.1 billion in 2025 revenue—the fastest any cloud company has ever hit that mark—and is projecting more than twice that figure for 2026. Founded by former Wall Street traders, CoreWeave now counts OpenAI, Microsoft, Meta, Mistral, and IBM among its clients, and its revenue backlog—the income it expects to earn under existing contracts—has quadrupled since the start of 2025 to reach $66.8 billion. "We are the engine behind the products you know," says CEO Mike Intrator. "When you go to use artificial intelligence, there's a pretty good chance you're going to crash into CoreWeave's infrastructure." —Alex Stone