CoreWeave, Inc.
CoreWeave, Inc. is an American specialized cloud computing company that provides high-performance, GPU-accelerated infrastructure for artificial intelligence (AI) developers and enterprises. The company's mission is to deliver next-generation cloud infrastructure for compute-intensive workloads, offering performant and scalable GPU resources to empower innovators and become a central nervous system for the AI era. Headquartered in Livingston, New Jersey, CoreWeave operates its own data centers across the United States and Europe.
CoreWeave's key offerings include GPU and CPU compute, specialized storage, high-performance networking, and managed software services, all delivered through its Kubernetes-native CoreWeave Cloud platform. These services are specifically optimized for demanding AI workloads such as model training, inference, visual effects rendering, machine learning, and batch processing. The company also develops proprietary chip management software and tools like Mission Control, which provides comprehensive visibility and orchestration for large-scale AI infrastructure. CoreWeave primarily serves large companies, well-funded AI startups, research labs, media and VFX studios, and financial institutions requiring extensive GPU resources.
CoreWeave went public on March 28, 2025, listing on Nasdaq under the ticker symbol "CRWV". Michael Intrator serves as the CEO and co-founder. In recent years, the company has seen significant growth and strategic developments, including signing an $11.9 billion deal to provide AI infrastructure for OpenAI, which also involved a $350 million investment from OpenAI. In March 2025, CoreWeave acquired the AI developer platform Weights & Biases for approximately $1.7 billion. NVIDIA further solidified its partnership with a $2 billion investment in CoreWeave in January 2026. The company reported robust Q1 2026 revenue of nearly $2.1 billion, a 111% year-over-year increase, and a record revenue backlog of $99.4 billion, including a new $21 billion commitment from Meta Platforms. In June 2026, CoreWeave was selected for inclusion in the Nasdaq-100 Index. However, the company faces increasing competition from hyperscalers, such as Meta Platforms, which are entering the cloud computing market to sell excess AI capacity.
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