Coreweave
An AI-focused cloud infrastructure company that recently had a highly successful IPO. Its strong performance highlights intense investor demand for companies directly leveraged to the AI theme.
entitydetail.created_at
7/19/2025, 8:28:53 AM
entitydetail.last_updated
7/22/2025, 5:14:32 AM
entitydetail.research_retrieved
7/19/2025, 8:35:23 AM
Summary
CoreWeave, Inc. is an American AI cloud-computing startup, founded in 2017 in Livingston, New Jersey. Initially operating as Atlantic Crypto for cryptocurrency mining, the company pivoted in 2019 to leverage its GPU inventory for cloud computing infrastructure. CoreWeave specializes in providing cloud-based graphics processing unit (GPU) infrastructure and chip management software to AI developers and enterprises, operating data centers across the United States and Europe. Noteworthy is its $1.6 billion supercomputer data center in Plano, Texas, which Nvidia has lauded as the world's fastest AI supercomputer. The company is experiencing significant demand, reflected in its strong performance in the IPO market revival for AI-levered companies, and has secured major clients like OpenAI with a $12 billion contract and acquired Weights & Biases for approximately $1.7 billion.
Referenced in 1 Document
Research Data
Extracted Attributes
Name
CoreWeave, Inc.
Type
AI cloud-computing startup
Headquarters
Livingston, New Jersey, United States
Previous Name
Atlantic Crypto (until 2019)
Specialization
Cloud-based graphics processing unit (GPU) infrastructure for AI developers and enterprises
Key Recognition
TIME100 most influential companies (2024), Forbes Cloud 100 ranking (2024)
Market Position
Significant demand in AI cloud market, strong performance in IPO market revival for AI-levered companies
Previous Business
Cryptocurrency mining (until 2019)
Products/Services
Cloud-based GPU infrastructure, chip management software, NVIDIA RTX PRO 6000 Blackwell Server Edition instances, NVIDIA GB200 NVL72 chips, NVIDIA HGX B200 platform, NVIDIA GB300 NVL72
Data Center Locations
United States, Europe
Supercomputer Data Center
$1.6 billion facility in Plano, Texas (described by Nvidia as the world's fastest AI supercomputer)
Timeline
- CoreWeave was founded as Atlantic Crypto by Michael Intrator, Brian Venturo, Brannin McBee, and Peter Salanki, initially focusing on cryptocurrency mining. (Source: Wikipedia)
2017-01-01
- The cryptocurrency crash impacted the company's original business model. (Source: Web Search Results)
2018-01-01
- The company was renamed CoreWeave and pivoted its business to providing cloud computing infrastructure using its large inventory of GPUs. (Source: Web Search Results)
2019-01-01
- CoreWeave was ranked as one of the TIME100 most influential companies and featured on the Forbes Cloud 100 ranking. (Source: Web Search Results)
2024-01-01
- CoreWeave was reported to be the first cloud provider to make Nvidia GB200 NVL72 chips available via cloud computing. (Source: Web Search Results)
2025-02-01
- CoreWeave announced the acquisition of the AI platform developer Weights & Biases for approximately $1.7 billion. (Source: Web Search Results)
2025-03-01
- OpenAI signed a five-year cloud-computing contract worth approximately $12 billion with CoreWeave for its AI infrastructure needs. (Source: Web Search Results)
2025-03-01
- CoreWeave announced it is the first cloud platform to make NVIDIA RTX PRO 6000 Blackwell Server Edition instances generally available. (Source: Web Search Results)
2025-07-09
- Nvidia described CoreWeave's $1.6 billion supercomputer data center in Plano, Texas, as the world's fastest AI supercomputer. (Source: Summary)
20XX-XX-XX
- CoreWeave became the first AI cloud provider to bring up the NVIDIA GB300 NVL72. (Source: Web Search Results)
20XX-XX-XX
Wikipedia
View on WikipediaCoreWeave
CoreWeave, Inc. is an American AI cloud-computing startup based in Livingston, New Jersey. It specializes in providing cloud-based graphics processing unit (GPU) infrastructure to artificial intelligence developers and enterprises, and also develops its own chip management software. Founded in 2017 and focused on high-performance computing, CoreWeave has its own data centers operating in the United States and Europe, with some dedicated to multiple companies and some to a single client. Its $1.6 billion supercomputer data center for Nvidia in Plano, Texas has been described by Nvidia as the fastest AI supercomputer in the world.
Web Search Results
- CoreWeave Becomes the First AI Cloud Provider to Offer NVIDIA ...
About CoreWeave CoreWeave, the AI Hyperscaler™, delivers a cloud platform of cutting-edge software powering the next wave of AI. CoreWeave's technology provides enterprises and leading AI labs with cloud solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers across the US and Europe. CoreWeave was ranked as one of the TIME100 most influential companies and featured on the Forbes Cloud 100 ranking in 2024. Learn more at www.coreweave.com. [...] LIVINGSTON, N.J., July 9, 2025 /PRNewswire/ -- CoreWeave, Inc. (Nasdaq: CRWV) ("CoreWeave"), the AI Hyperscaler™, today announced it is the first cloud platform to make NVIDIA RTX PRO 6000 Blackwell Server Edition instances generally available. [...] With the launch of RTX PRO 6000, CoreWeave now offers one of the widest ranges of NVIDIA Blackwell infrastructure on the market, including the NVIDIA GB200 NVL72 system and NVIDIA HGX B200 platform. Whether a customer is looking to train their next trillion-parameter large language model or serve multimodal inference, CoreWeave's flexible platform and AI-optimized software stack allow customers to select the optimal Blackwell architecture for their unique needs.
- CoreWeave - Wikipedia
Increase CoreWeave, Inc. is an American AI cloud-computing startup based in Livingston, New Jersey. It specializes in providing cloud-based graphics processing unit (GPU) infrastructure to artificial intelligence developers and enterprises, and also develops its own chip management software. [...] In February 2025, CoreWeave was reported to be the first cloud provider to make Nvidia GB200 NVL72 chips available via cloud computing. IBM announced it would use the GB200 clusters to train its Granite AI. In March 2025, CoreWeave announced the acquisition of the AI platform developer Weights & Biases, reportedly for around $1.7 billion. Also in March, OpenAI signed a five-year cloud-computing contract worth approximately $12 billion with CoreWeave for its AI infrastructure needs. The deal [...] The company was founded in 2017 in New Jersey by three commodities traders—Michael Intrator, Brian Venturo, and Brannin McBee, as well as Peter Salanki. Originally known as Atlantic Crypto, it initially operated as a cryptocurrency company mining ethereum using graphics processing units. In the wake of the 2018 cryptocurrency crash, in 2019 the company was renamed CoreWeave, leveraging its large inventory of GPUs to start providing cloud computing infrastructure to companies. ### 2022–2023
- About Us - CoreWeave
CoreWeave is a cloud purpose-built for scaling, supporting, and accelerating GenAI. Weâre a comprehensive platform and strategic partner designed to tackle todayâand tomorrowâsâchallenges of deploying AI at scale. We manage the complexities of AI growth to make supercomputing accessible and push the limits of whatâs possible. Our teams create modern solutions to support modern technology. Get the premier choice for working with GenAI workloads. ## Our values [...] We believe in the power of people. As fast-movers and forward-thinkers, our values are the mantras behind why we do what we do. ### Be curious at your core We foster a mindset of continuous learning, understanding that curiosity drives innovation. We seek out information, question assumptions, and value different perspectives. Curiosity is a driving force that allows us to explore ideas and innovations that push boundaries, challenge the status quo, and better serve our customers. [...] We take full responsibility for our work and our decisions to find the best solution to any challenge. Wait for others to solve problems? Not us â we step up, innovate, and drive progress. We take initiative, hold ourselves accountable, and foster a culture where everyone feels empowered to contribute to our success. ### Deliver best-in-class experiences
- CoreWeave Company Overview - YouTube
CoreWeave, the AI Hyperscaler™, delivers a cloud platform of cutting-edge software powering the next wave of AI. The company's technology provides enterprises and leading AI labs with cloud solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers across the US and Europe. CoreWeave was ranked as one of the TIME100 most influential companies and featured on Forbes Cloud 100 ranking in 2024 #Tech #AI #Cloud #AICloud #Future #CoreWeave [...] CoreWeave 258 likes 18050 views 28 Mar 2025
- CoreWeave: The AI Hyperscaler for GPU Cloud Computing
Watch on-demand sessions from CoreWeave and NVIDIAâs Accelerating AI Innovation Virtual Summit, including OpenAI, Mistral, IBM, and top experts in AI. â # Supercharge Innovation with the Blackwell RTX PRO 6000 CoreWeave is the first AI Cloud to deliver NVIDIAâs most advanced GPU for AI and graphics workloads, offering 96GB of GDDR7 memory, fifth-gen Tensor Cores, and fourth-gen RT Cores. â ## Experience the no compromises cloud platform, purpose-built for AI [...] The CoreWeave Cloud Platform simplifies the complexity of engineering, assembling, running, and monitoring state-of-the-art infrastructure at a massive scale to deliver cutting-edge performance and efficiency for AI workloads. Help unleash the full potential of your AI innovations with CoreWeave. Purpose-built cloud services for AI Resilient and reliable GPU clusters, ready for use on day one Optimized for AI workloads with enhanced performance and scale [...] From wind tunnel to racetrack, CoreWeave will provide the speed, performance and expertise to unlock AI and accelerated computing opportunities for Aston Martin Aramco. # First to Bring Up the NVIDIA GB300 NVL72 CoreWeave is proud to announce another industry first: Weâre the first AI cloud provider to bring up the NVIDIA GB300 NVL72, delivering up to 50x increase in output for reasoning model inference. â # Accelerating AI Innovation Summit: On-Demand