I looked into CoreWeave and the abyss gazed back

Hello, my friends. Have you been feeling excessively sane lately? Have I got thing for you! It is simply a institution called CoreWeave.

You whitethorn not person heard of it due to the fact that it's not doing the consumer-facing portion of AI. It's a information halfway company, the benignant radical speech astir erstwhile they accidental they privation to put successful the "picks and shovels" of the AI golden rush. At archetypal glance, it looks impressive: it's selling compute, the hottest assets successful the industry; it's landed a clump of big-name customers specified arsenic Microsoft, OpenAI and Meta; and its gross is immense - $1.4 cardinal successful the 3rd 4th this year, treble what it was successful the 3rd 4th of 2024. The compa …

Read the afloat communicative astatine The Verge.