CoreWeave stock rips higher
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Less than a week after its IPO, CoreWeave is already a polarizing stock. The co-founder explains what investors may be missing.
AI tokens, including NEAR, ICP, TAO and RENDER rose on Tuesday after OpenAI announced the closing of its record-breaking private funding round the day prior.
CoreWeave's IPO debut tests neocloud viability and reliance on Nvidia GPUs.
Google is in advanced talks to rent state-of-the-art Nvidia Blackwell chips for running artificial intelligence from CoreWeave, an upstart cloud provider, according to two people briefed about the situation.
CoreWeave, the AI Hyperscaler™, today announced its MLPerf v5.0 results, setting a new industry benchmark in AI inference with NVIDIA GB200 Grace Blackwell Superchips. Using a CoreWeave instance with NVIDIA GB200,
The cloud computing company’s cofounder Brannin McBee spoke to Forbes about the “important milestone” as shares started trading Friday.
Nebius's diversified revenue streams, lack of debt, and positioning in Europe make it a clear buy over CoreWeave. Learn more about NBIS stock here.
CoreWeave's stock plunged nearly 10% on Monday, dropping below its IPO price, raising concerns about AI-focused IPOs in a volatile market.
CoreWeave in recent years found itself in something of an enviable position. Starting out in 2017, it bought GPUs to supply to the cryptocurrency mining industry, only to pivot to AI when that became the hot new trend. CoreWeave is fundamentally a picks and shovels business: It supplies GPUs to an industry that has desperately sought them.