CoreWeave
A company specializing in providing high-performance computing infrastructure, particularly using Nvidia GPUs, for AI and machine learning workloads. Its upcoming IPO is a major topic of discussion.
entitydetail.created_at
7/22/2025, 5:57:36 AM
entitydetail.last_updated
7/26/2025, 2:25:46 AM
entitydetail.research_retrieved
7/22/2025, 5:59:32 AM
Summary
CoreWeave, Inc. is an American AI cloud-computing startup founded in 2017, initially as Atlantic Crypto for cryptocurrency mining, before pivoting in 2019 to its current focus on high-performance computing. Based in Livingston, New Jersey, the company specializes in providing cloud-based Graphics Processing Unit (GPU) infrastructure to AI developers and enterprises, and also develops its own chip management software. CoreWeave operates its own data centers across the United States and Europe, including a $1.6 billion supercomputer data center for Nvidia in Plano, Texas, which Nvidia has described as the world's fastest AI supercomputer. Nvidia's strategic investment in CoreWeave is seen as a move to counter the market dominance of major cloud providers like Amazon, Google, and Microsoft. CoreWeave is positioned as a burgeoning 'neocloud' with significant market interest in its specialized AI infrastructure, evidenced by a potential IPO and major contracts with clients like OpenAI and IBM, and its reported acquisition of Weights & Biases.
Referenced in 2 Documents
Research Data
Extracted Attributes
Name
CoreWeave, Inc.
Type
AI cloud-computing startup
Founded
2017-01-01
Founders
Michael Intrator, Brian Venturo, Brannin McBee, Peter Salanki
Operations
Owns and operates data centers across the United States and Europe
Headquarters
Livingston, New Jersey, United States (Note: Wikidata lists Roseland, New Jersey)
Previous Name
Atlantic Crypto
Specialization
Cloud-based Graphics Processing Unit (GPU) infrastructure for AI developers and enterprises
Key Data Center
$1.6 billion supercomputer data center for Nvidia in Plano, Texas (described by Nvidia as the world's fastest AI supercomputer)
Market Position
Burgeoning 'neocloud' with specialized AI infrastructure
Initial Business
Cryptocurrency mining (Ethereum)
Products/Services
Cloud-based GPU infrastructure, chip management software, NVIDIA GB200 NVL72 chips, Blackwell RTX PRO 6000
Timeline
- CoreWeave was founded as Atlantic Crypto by Michael Intrator, Brian Venturo, Brannin McBee, and Peter Salanki, initially operating as a cryptocurrency company mining Ethereum. (Source: Summary, Wikipedia, Wikidata, Web Search Results)
2017-01-01
- The cryptocurrency crash occurred, prompting the company to pivot its business model. (Source: Web Search Results)
2018-XX-XX
- The company was renamed CoreWeave and leveraged its large inventory of GPUs to begin providing cloud computing infrastructure to companies, focusing on high-performance computing. (Source: Wikipedia, Web Search Results)
2019-XX-XX
- 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-XX
- CoreWeave announced the acquisition of the AI platform developer Weights & Biases for approximately $1.7 billion. (Source: Web Search Results)
2025-03-XX
- 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-XX
- Nvidia invested in CoreWeave as a crucial strategy to counter the market power of major cloud providers. (Source: Related Documents)
XXXX-XX-XX
- CoreWeave built a $1.6 billion supercomputer data center for Nvidia in Plano, Texas, described by Nvidia as the world's fastest AI supercomputer. (Source: Summary, Wikipedia)
XXXX-XX-XX
- Discussion of a potential CoreWeave IPO highlighted the company's position as a burgeoning 'Neocloud' and the market's appetite for specialized AI infrastructure. (Source: Related Documents)
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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 - 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. [...] 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 [...] 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
- 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: The AI Hyperscaler for GPU Cloud Computing
# Accelerating AI Innovation Summit: On-Demand Watch on-demand sessions from CoreWeave and NVIDIA’s Accelerating AI Innovation Virtual Summit, including OpenAI, Mistral, IBM, and top experts in AI. Watch now # Supercharge Innovation with the Blackwell RTX PRO 6000 CoreWeave is the first AI Cloud to deliver NVIDIA’s most advanced GPU for AI and graphics workloads, offering 96GB of GDDR7 memory, fifth-gen Tensor Cores, and fourth-gen RT Cores. Get the full story [...] "CoreWeave has been one of our earliest and largest compute partners. CoreWeave has helped us build really large-scale computing clusters that led to the creation of some of the models that we’re best known for and helped us deliver these systems to customers at the scale that they need." Sam Altman , CEO , OpenAI MistralAIMistralAI [...] "CoreWeave has been one of our earliest and largest compute partners. CoreWeave has helped us build really large-scale computing clusters that led to the creation of some of the models that we’re best known for and helped us deliver these systems to customers at the scale that they need." Sam Altman , CEO , OpenAI MistralAIMistralAI
- CoreWeave Inc - Company Profile and News - Bloomberg Markets
CoreWeave, Inc. provides software solutions and cloud services. The Company offers cloud infrastructure platform that manages the complexity of engineering, assembling, running, and monitoring state-of-the-art infrastructure at a massive scale to deliver high performance and efficiency to AI workloads. CoreWeave serves customers worldwide. ### More from Bloomberg [...] CoreWeave Inc - Company Profile and News - Bloomberg Markets =============== Skip To Content Skip to content Bloomberg the Company & Its Products The Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote Login Bloomberg Anywhere LoginBloomberg Customer Support Customer Support ### Bloomberg [...] Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ### For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information ### Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 ### Company
- Networking Services That Enhance Performance - CoreWeave
Connect through dedicated ports or via existing carriers like Equinix ### Budget-friendly Save costs with no data transfer or egress fees â ## Multi-cloud support At CoreWeave, weâre built to support multi-cloud needs. Check out our docs for more info. ## Incredibly fast networking services for GenAI Donât let a shoddy network slow you down. Get the absolute most out of your GPUs. â ### Products ### Solutions ### AI Infrastructure ### Why CoreWeave ### Resources ### About [...] CoreWeave to acquire Core Scientific. Learn more in our latest press release. # Networking Services High-performance connectivity made for AI â ## NVIDIA Quantum <InfiniBand> Cluster Networking Get highly performant multi-node interconnectâat supercomputing scale. Weâve collaborated with NVIDIA to deploy NVIDIA Quantum InfiniBand-based cluster networks to provide industry-leading performance for GenAI. ### Leading performance [...] Connect your VPCs to on-prem networks or resources on traditional hyperscalers with Direct Connect Left Right ## CoreWeave Direct Connect Our direct connections and on-ramp locations operate across large geographic markets and several network POPs. Get the private, hyper-performant connections you need to access your data quickly and securely. Europe ### Lightning-quick speed Experience port speeds of up to 400Gbps ### Flexible options
Wikidata
View on WikidataCountry
Instance Of
Headquarters
Inception Date
1/1/2017