CoreWeave, Inc.

About CoreWeave, Inc.

Financials

Dated, source-cited figures. Estimates are marked.

Products by CoreWeave, Inc.

All products by CoreWeave, Inc. reviewed by our AI panel of experts.

CoreWeaveAI Cloud

GPU cloud infrastructure purpose-built for AI training and inference at scale

Free8.1/10

How Our Review Panel Scores CoreWeave, Inc.

Six independent reviewer personalities assessed CoreWeave, Inc.'s product on their own terms. They disagreed by 1.4 points — The Finance Lead was the hardest to convince, The Decision Maker the most positive.

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who CoreWeave, Inc. competes with, and how they differ.

Microsoft7.8/10

Azure sells GPU cloud capacity directly through its own hyperscale platform while simultaneously being CoreWeave's largest customer (roughly 60-70% of CoreWeave revenue) — a competitor and top customer at once, leasing CoreWeave capacity to cover AI demand Azure cannot fill itself.

9 products reviewed on TopReviewed

Amazon Web Services8.3/10

AWS competes on breadth — Nvidia GPU instances (P5/P6) plus its own Trainium/Inferentia silicon — and leverages a much larger existing enterprise cloud footprint, versus CoreWeave's narrower, Nvidia-first, GPU-only specialization.

2 products reviewed on TopReviewed

Google Cloud7.9/10

Google Cloud pairs Nvidia GPU instances with in-house TPU silicon and a broader managed AI stack (Vertex AI), competing on platform integration rather than CoreWeave's bare-metal GPU performance and reserved-capacity contract model.

2 products reviewed on TopReviewed

Nebius Group N.V.8.1/10

CoreWeave's closest business-model peer: a Nasdaq-listed "neocloud" (spun out of Yandex) that rents reserved Nvidia GPU capacity to AI labs the same way CoreWeave does, rather than selling a general-purpose cloud platform.

1 product reviewed on TopReviewed

L

Lambda

A privately held GPU cloud rival with a similar reserved-capacity, Nvidia-first model, historically more focused on individual ML researchers and smaller developer teams than CoreWeave's large enterprise and AI-lab contracts.

C

Crusoe Energy Systems LLC8.0/10

Another GPU neocloud, differentiated by vertically owning stranded/flared-gas power generation to run its own data centers, versus CoreWeave's reliance on utility power and long-term hyperscaler/AI-lab compute contracts.

1 product reviewed on TopReviewed

Company Timeline

Key milestones in CoreWeave, Inc.'s history, with sources.

1. Oct 30, 2025Milestone

   Core Scientific $9B all-stock acquisition TERMINATED after shareholder rejection

   CoreWeave's proposed $9 billion all-stock acquisition of data-center operator Core Scientific, announced in July 2025, was terminated after proxy advisors ISS and Glass Lewis recommended against it and shareholders declined to approve the deal.

   news.google.com
2. Sep 25, 2025Partnership

   OpenAI agreement expanded to ~$22.4B total contract value

   CoreWeave and OpenAI expanded their infrastructure agreement by up to $6.5 billion to power training of OpenAI's next-generation models, bringing the cumulative contract value between the two companies to approximately $22.4 billion.

   investors.coreweave.com
3. May 5, 2025Acquisition

   Completed acquisition of Weights & Biases (~$1.7B reported)

   CoreWeave completed its acquisition of AI developer platform Weights & Biases, first reported at approximately $1.7 billion, to add ML experiment-tracking and model-evaluation tools to its AI cloud platform.

   prnewswire.com
4. Mar 28, 2025Milestone

   IPO on Nasdaq under ticker CRWV

   CoreWeave completed its IPO, pricing 37.5 million Class A shares at $40 each for roughly $1.5 billion raised, and began trading on the Nasdaq Global Select Market as CRWV — the largest U.S. tech IPO since 2021.

   cnbc.com
5. Mar 10, 2025Partnership

   Initial OpenAI infrastructure agreement — up to $11.9B

   CoreWeave and OpenAI announced a strategic deal for AI infrastructure worth up to $11.9 billion; as part of the agreement OpenAI became a CoreWeave investor through the issuance of $350 million of CoreWeave stock.

   coreweave.com
6. May 17, 2024Funding

   DEBT financing facility — $7.5B led by Blackstone and Magnetar (not equity)

   CoreWeave signed a $7.5 billion DEBT financing facility led by funds managed by Blackstone with Magnetar as co-lead investor and Coatue participating, one of the largest private debt financings on record, secured against GPUs and customer contracts. This is debt, not an equity round.

   investors.coreweave.com
7. May 1, 2024Funding

   Series C — $1.1B led by Coatue at $19B valuation

   CoreWeave raised $1.1 billion in a Series C round led by Coatue Management, nearly tripling its valuation to roughly $19 billion in five months as demand for GPU cloud infrastructure surged.

   news.google.com
8. December 2023Funding

   Minority stake sale at $7B valuation — Fidelity, Jane Street, JPMorgan AM

   CoreWeave sold a minority equity stake to investors including Fidelity Management & Research, Jane Street, and JPMorgan Asset Management, valuing the then-private company at approximately $7 billion.

   research.contrary.com
9. Aug 3, 2023Funding

   DEBT financing facility — $2.3B led by Blackstone and Magnetar (not equity)

   CoreWeave secured a $2.3 billion DEBT financing facility led by Blackstone Tactical Opportunities and Magnetar Capital, with GPUs pledged as collateral, to expand its data-center fleet. This is debt, not an equity round.

   blackstone.com
10. Apr 20, 2023Funding

    Series B — $221M led by Magnetar Capital, with Nvidia investment

    CoreWeave raised $221 million with Magnetar Capital as lead investor and participation from Nvidia, Nat Friedman, and Daniel Gross, funding infrastructure buildout for AI workloads.

    en.wikipedia.org
11. 2019Milestone

    Rebranded to CoreWeave, pivoted from crypto mining to GPU cloud

    Following the 2018 crypto-market crash, the company renamed itself from Atlantic Crypto to CoreWeave and pivoted its GPU fleet from cryptocurrency mining to on-demand cloud computing infrastructure.

    en.wikipedia.org
12. Sep 21, 2017Founded

    Founded as Atlantic Crypto

    Michael Intrator, Brian Venturo, Brannin McBee, and Peter Salanki founded Atlantic Crypto in New Jersey, initially leasing GPUs for cryptocurrency mining after their energy-trading hedge fund wound down.

    en.wikipedia.org