About CoreWeave
CoreWeave rents out GPU computing capacity in the cloud, mainly to AI developers and large enterprises that need to train and run models. It builds and operates its own data centres filled with Nvidia GPUs and sells access by the hour or by contract, rather than offering the broad range of services found at general-purpose clouds. The company was founded in 2017 by Michael Intrator, Brian Venturo and Brannin McBee, originally as Atlantic Crypto. Its shares trade on the Nasdaq under the symbol CRWV after a March 2025 IPO, and it is based in Livingston, New Jersey.
CoreWeave was founded in 2017 and is based in Livingston, NJ, United States. It is listed under GPUs, AI Accelerators. Reported funding is IPO Mar 2025 raised $1.5B at $23B; $2B NVIDIA investment Jan 2026; ~$28B equity+debt over 12 months.
Compute Technologies
- GPUs
- AI Accelerators
What CoreWeave works on
GPUs
A GPU, or graphics processing unit, is a chip with thousands of small cores that can run the same operation on a lot of data at the same time. It was first built to draw images in games. The same design suits any job that applies simple maths to large arrays of numbers.
AI Accelerators
An AI accelerator is a chip, or a part of a chip, designed to run machine learning faster or with less energy than a general-purpose processor. The category includes GPUs, TPUs, neural processing units (NPUs) and chips from many startups.
Also in United States
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