CoreWeave, Inc.

CoreWeave is a cloud infrastructure company headquartered in Roseland, New Jersey, founded in 2017 by Michael Intrator, Brian Venturo, and Brannin McBee. Originally focused on GPU-accelerated cryptocurrency mining, the company pivoted to AI and high-performance computing cloud services as demand for GPU capacity surged. It operates large-scale data centers across the United States and Europe, built around NVIDIA GPU clusters.

The company offers compute infrastructure tailored for AI model training and inference, as well as rendering and scientific computing workloads. Its platform includes Kubernetes-based orchestration tools and networking optimized for distributed GPU workloads. Notable customers include Microsoft, which signed a reported multi-billion-dollar contract for capacity, as well as AI companies such as Cohere and Mistral. CoreWeave has positioned itself as an alternative to hyperscale cloud providers for GPU-intensive tasks.

CoreWeave raised approximately $14.7 billion in total funding through a combination of debt and equity, including a $1.1 billion Series C round in 2023 led by Magnetar Capital and a $7.5 billion debt facility arranged in 2024. The company filed for an IPO in early 2025 and began trading on the Nasdaq under the ticker CRWV in March 2025. It employs several thousand people across its engineering, operations, and sales functions.