CoreWeave’s AI Bonanza: $14.2B Meta Deal & $6.5B OpenAI Pact Propel CRWV Stock Skyward
What Is CoreWeave? CoreWeave is a fast-growing cloud services provider specializing in GPU-accelerated computing for AI. Founded in 2017 as a crypto-mining firm, it pivoted to AI infrastructure around 2022. Today it operates hundreds of thousands of high-end NVIDIA GPUs across global data centers, offering “GPU-as-a-service” to tech giants and AI labs. NVIDIA itself is an investor in CoreWeave (and pledged a $250 million order at the IPO) reuters.com. This close Nvidia partnership – including a recent $6.3 billion deal for Nvidia to buy CoreWeave’s idle capacity mlq.ai – underlines how CoreWeave sits at the heart of the AI hardware supply chain.