CoreWeave

CoreWeave is a cloud computing company specializing in AI-optimized GPU infrastructure, offering scalable solutions for AI developers and enterprises. Their platform provides access to a vast portfolio of NVIDIA GPUs, including the latest models like the NVIDIA GB200 NVL72 and NVIDIA H200 Tensor Core GPUs, all on bare metal servers. These GPUs are designed to accelerate AI workloads, offering enhanced performance and scalability. CoreWeave's infrastructure is purpose-built to support the most demanding AI applications, enabling rapid deployment and efficient scaling of AI models.

Founded in 2017 as Atlantic Crypto, CoreWeave initially focused on cryptocurrency mining before pivoting to AI infrastructure. The company has experienced significant growth, expanding its data centers from 3 to 14 and planning further expansion into the European market. In 2025, CoreWeave acquired Core Scientific, its longtime server provider, adding approximately 1.21 gigawatts of power capacity and enhancing its data center footprint. This acquisition allows CoreWeave to scale AI and high-performance computing deployments independently, without reliance on major tech giants.

CoreWeave's flagship products include on-demand GPU instances featuring NVIDIA H100 PCIe GPUs with 80 GB of VRAM, and NVIDIA A100 80 GB NVLINK GPUs. These instances are designed for high-performance AI workloads, offering flexible configurations and competitive pricing. The company also provides managed software services, flexible storage solutions, and high-performance networking to support AI applications. CoreWeave's pricing model is designed to offer superior price-to-performance ratios, with on-demand and spot pricing options to accommodate various workload requirements.

CoreWeave serves a diverse clientele, including leading AI pioneers and enterprises. Notable customers include Meta Platforms, OpenAI, IBM, and Microsoft. In 2025, CoreWeave signed a €12.1 billion agreement with Meta to supply infrastructure for training AI models, marking a significant expansion of its customer base. The company has also received substantial investments from Nvidia, BlackRock, Blackstone, and Fidelity, underscoring its strong position in the AI infrastructure market. CoreWeave's main competitors include major cloud service providers like Amazon Web Services and Google Cloud, as well as specialized AI infrastructure companies. Despite its rapid growth, CoreWeave faces challenges related to profitability and market competition, as highlighted in recent analyses of the AI economy.