Less than a week after its IPO, CoreWeave is already a polarizing stock. The co-founder explains what investors may be missing.
An up-and-coming company specializing in the hottest technology area decides to go public. It's teamed up with the most prominent player in that area. The company's initial public offering (IPO) is set to be the biggest for a tech stock in years.
AI tokens, including NEAR, ICP, TAO and RENDER rose on Tuesday after OpenAI announced the closing of its record-breaking private funding round the day prior.
CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.
CoreWeave in recent years found itself in something of an enviable position. Starting out in 2017, it bought GPUs to supply to the cryptocurrency mining industry, only to pivot to AI when that became the hot new trend. CoreWeave is fundamentally a picks and shovels business: It supplies GPUs to an industry that has desperately sought them.
Google is in advanced talks to rent state-of-the-art Nvidia Blackwell chips for running artificial intelligence from CoreWeave, an upstart cloud provider, according to two people briefed about the situation.
CoreWeave's IPO debut tests neocloud viability and reliance on Nvidia GPUs.
CoreWeave, the AI Hyperscaler™, today announced its MLPerf v5.0 results, setting a new industry benchmark in AI inference with NVIDIA GB200 Grace Blackwell Superchips. Using a CoreWeave instance with NVIDIA GB200,
CoreWeave's debut has been eagerly awaited by investors as a sign of the strength of the AI trade as well as the appetite for new IPOs.
Google is in advanced talks to rent Nvidia Blackwell chips for running artificial intelligence from CoreWeave , two people briefed about the matter told The Information’s Aaron