CoreWeave, founded in 2017 and originally built around cryptocurrency mining infrastructure before pivoting to GPU cloud computing, rents out large-scale NVIDIA GPU clusters purpose-built for AI training and inference, positioning itself as an alternative to AWS, Azure, and Google Cloud for compute-heavy AI workloads.
The pivot paid off: CoreWeave went public on NASDAQ in March 2025 (ticker CRWV) and has landed multi-billion-dollar compute contracts with OpenAI, Microsoft, and Meta, competing directly with hyperscalers on raw GPU availability and deployment speed rather than breadth of cloud services.
Pricing runs on-demand by the GPU-hour, with published rates alongside reserved-capacity contracts for larger, longer commitments. For a team that needs large blocks of GPU compute for training or inference without hyperscaler wait times, CoreWeave's dedicated AI-cloud focus addresses that directly.
