CoreWeave
In plain wordsAn American company that rents out huge numbers of Nvidia graphics processors over the internet to AI developers such as Microsoft, OpenAI and Meta.
An American cloud-computing company that rents GPUsGPU, abbr.: A computer chip first designed to draw video-game graphics that turned out to be ideal for AI, because it can do thousands of simple calculations at the same time. for AI training and inferenceinference, n.: Drawing a conclusion from evidence. In today's AI it most often means running an already-trained model to get an answer, as opposed to training it., the best-known of the neocloudsneocloud, n.: A newer kind of cloud company that mainly rents out powerful AI chips, rather than the full range of computing services that giants like Amazon or Microsoft sell. — GPU-focused providers competing with general-purpose clouds such as Amazon Web Services and Microsoft Azure. It builds and leases AI data centersAI data center, n.: A building or campus packed with AI chips, power equipment and cooling, built to train and run AI models. The biggest use as much electricity as a city. filled mainly with Nvidia systems, often among the first to deploy each new generation, and its largest customers have included Microsoft, OpenAI and Meta. Nvidia is both its main supplier and an investor. Its rapid expansion has been financed largely with debt secured on GPUs and customer contracts, which critics cite as evidence of financial fragility and circular dealing in the AI build-out. In 2025 it acquired Weights & Biases, maker of tools for tracking machine learning experiments.
Origin
Founded in 2017 in New Jersey as Atlantic Crypto, an Ethereum-mining operation, by Michael Intrator, Brian Venturo, Brannin McBee and Peter Salanki; after the 2018 cryptocurrency crash it repurposed its GPUs for cloud computing and was renamed CoreWeave in 2019. It listed on the Nasdaq exchange in March 2025.
Related
- GPUGPU, abbr.: A computer chip first designed to draw video-game graphics that turned out to be ideal for AI, because it can do thousands of simple calculations at the same time.
- AI data centerAI data center, n.: A building or campus packed with AI chips, power equipment and cooling, built to train and run AI models. The biggest use as much electricity as a city.
- NvidiaNvidia, prop. n.: An American chip company whose graphics processors became the main hardware for training and running AI, making it one of the most valuable companies in the world.
- computecompute, n.: The raw computing power used to train and run AI, usually measured by how many specialized chips are used and for how long. With data and algorithms, it is a main driver of AI progress.
- AI bubbleAI bubble, n.: The worry that investors are pouring far more money into AI companies, chips and data centers than AI will earn back soon, so that prices could crash as in the dot-com bust of 2000.
- OpenAIOpenAI, prop. n.: The American company that makes ChatGPT and the GPT models. It began in 2015 as a nonprofit research lab and is now a for-profit company overseen by a nonprofit foundation.