Categories: The Verge

I looked into CoreWeave and the abyss gazed back

Hello, my friends. Have you been feeling too sane lately? Have I got something for you! It is a company called CoreWeave.

You may not have heard of it because it’s not doing the consumer-facing part of AI. It’s a data center company, the kind people talk about when they say they want to invest in the “picks and shovels” of the AI gold rush. At first glance, it looks impressive: it’s selling compute, the hottest resource in the industry; it’s landed a bunch of big-name customers such as Microsoft, OpenAI and Meta; and its revenue is huge – $1.4 billion in the third quarter this year,

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double what it was in the third quarter of 2024. The compa …
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Read the full story at The Verge.

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