CoreWeave develops cloud infrastructure designed to supply projects and blockchain with computer power. It offers a solution that streamlines the team's operations. It builds cloud solutions for compute-intensive use cases. CoreWeave was formerly known as Atlantic Crypto Corporation. It was founded in 2017 and is based in Roseland, New Jersey.
ESPs containing CoreWeave
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The cloud graphics processing unit (GPU) market offers compelling reasons for customer interest by providing powerful computational resources for graphics-intensive and parallel processing workloads. This market focuses on delivering GPU capabilities through cloud-based platforms, enabling users to leverage high-performance computing without the need for on-premises infrastructure. By investing in…
Research containing CoreWeave
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned CoreWeave in 3 CB Insights research briefs, most recently on Aug 28, 2023.
Expert Collections containing CoreWeave
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
CoreWeave is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Latest CoreWeave News
Dec 6, 2023
Rapid Growth and Market Positioning In the AI cloud computing sphere, CoreWeave has demonstrated remarkable growth. Its expansion can be attributed to the strategic utilization of its technological capabilities and astute market positioning. The company’s growth trajectory highlights its ability to adapt and innovate in a highly competitive landscape, setting it apart from other industry players. The $642 Million Investment: A Deep Dive CoreWeave’s recent financial infusion, amounting to $642 million, led by Fidelity and JP Morgan, marks a significant milestone. This investment not only elevates the company’s valuation to an impressive $7 billion but also signifies investor confidence in its business model and future prospects. This funding is expected to fuel further innovation and expansion in CoreWeave’s AI cloud services. CoreWeave’s Technology and Services At the heart of CoreWeave’s services lies its advanced technological infrastructure, primarily powered by Nvidia GPUs. These high-performance units are pivotal in addressing the intensive computational demands of generative AI. CoreWeave’s offerings encompass a range of cloud solutions, tailored to support varied AI applications, emphasizing their commitment to versatile and scalable computing solutions. Challenges and Opportunities Like any ambitious venture in the rapidly evolving AI landscape, CoreWeave faces its share of challenges, including intense competition and the continuous need for technological upgrades. However, these challenges are counterbalanced by significant opportunities, such as the growing demand for AI cloud services and potential expansions into new markets or technology areas. CoreWeave’s evolution from a cryptocurrency mining operation to a $7 billion AI cloud powerhouse represents a remarkable story of adaptation and growth. The company stands as a testament to the dynamic nature of the tech industry, where foresight and agility can lead to significant transformations. CoreWeave’s recent funding and strategic moves position it strongly for future advancements in the field of AI and cloud computing. Please email us your feedback and news tips at hello(at)superbcrew.com Activate Social Media:
CoreWeave Frequently Asked Questions (FAQ)
When was CoreWeave founded?
CoreWeave was founded in 2017.
Where is CoreWeave's headquarters?
CoreWeave's headquarters is located at 101 Eisenhower Parkway, Roseland.
What is CoreWeave's latest funding round?
CoreWeave's latest funding round is Series B - III.
How much did CoreWeave raise?
CoreWeave raised a total of $3.519B.
Who are the investors of CoreWeave?
Investors of CoreWeave include Daniel Gross, Nat Friedman, J.P. Morgan Asset Management, Goanna Capital, Fidelity Investments and 17 more.
Who are CoreWeave's competitors?
Competitors of CoreWeave include Lambda Labs and 7 more.
Compare CoreWeave to Competitors
Lambda Labs manufactures graphics processing units cloud, workstations, servers, and laptops built for deep learning. It caters its services to businesses, governments, universities, and more. Its technology, servers, and workstations are pre-configured with common machine-learning frameworks to accelerate the training and deployment of deep-learning models. The company was founded in 2012 and is based in San Francisco, California.
TEN AI is an artificial intelligence platform intended to enhance graphics processing unit (GPU) infrastructure operation and user management capabilities. The company's platform specializes in streamlining artificial intelligence development and operation work by creating a collaboration between artificial intelligence modelers, information technology engineers, and administrators. It was founded in 2020 and is based in Seoul, South Korea.
Groq designs the Tensor Streaming Processor (TSP) architecture-based chip. It is a single enormous processor that has hundreds of functional units. Its architecture reduces instruction-decoding overhead and handles integer and floating-point data. It was founded in 2016 and is based in Mountain View, California.
RunPod offers an online platform for cloud-based graphic processing unit (GPU) renting and computing solutions. Its services include container-based instances, and custom bare metal and virtual machine deployments. The company was founded in 2022 and is based in Moorestown, New Jersey.
Cerebras focuses on artificial intelligence (AI) work in computer science and deep learning. The company offers a new class of computers, the CS-2, which is designed to train AI models efficiently, with applications in natural language processing (NLP), computer vision, and computing. Cerebras primarily serves sectors such as health and pharma, energy, government, scientific computing, financial services, and web and social media. It was founded in 2016 and is based in Sunnyvale, California.
Westwell Lab is a globalized AI company that operates in the artificial intelligence and logistics sectors. The company's main offerings include the development of autonomous heavy trucks and intelligent services that aim to activate the potential of various industries. Westwell Lab primarily sells to the freight logistics industry, with products and services covering most freight logistics scenarios. It was founded in 2015 and is based in Shanghai, Shanghai.