CoreWeave, Inc. is a U.S.-based technology company operating in the cloud computing industry, specializing in high-performance computing (HPC) and GPU-accelerated infrastructure.
The company is recognized for delivering large-scale computing services tailored for artificial intelligence, machine learning, digital rendering, quantitative finance, and other intensive workloads.
Originally launched as a cryptocurrency mining operation, CoreWeave shifted its business model after identifying the growing need for GPU-based cloud infrastructure. The company’s primary motivation was to offer faster, more flexible compute capacity in a market underserved by traditional cloud providers.
Its portfolio includes GPU-accelerated virtual machines, large-scale GPU clusters, on-demand AI training environments, render farm services, scientific computing solutions, and low-latency networking and storage platforms.
CoreWeave also supplies custom compute environments for animation studios, research labs, and developers of advanced AI models.
With operations concentrated mainly in the United States, the company maintains data centers in strategic regions and partners with major semiconductor manufacturers and advanced software companies.
CoreWeave has become one of NVIDIA’s largest GPU customers, enabling significant expansion to meet the growing demand for AI workloads.
The market in which it operates is shaped by the rapid development of artificial intelligence, the increasing need for large-scale compute resources, and rising competition among cloud infrastructure providers.
In response, CoreWeave invests heavily in infrastructure expansion, energy-efficient data centers, and operational security.
Its operational structure includes high-capacity data centers, AI-optimized clusters, engineering teams, research specialists, and corporate support units. The company employs several hundred professionals across engineering, operations, and customer services.
The company’s shares trade on the Nasdaq under the ticker CRWV.
History and when CoreWeave, Inc. was founded
CoreWeave was founded in 2017 in the United States, initially operating as a large-scale GPU-based cryptocurrency mining company. As demand for high-performance computing surged, the company recognized the opportunity to transition into providing GPU-accelerated infrastructure for corporate and scientific markets.
Between 2019 and 2021, CoreWeave fully pivoted into the cloud computing sector, expanding its data centers and launching specialized services for GPU-based workloads. This period marked the beginning of its trajectory as an HPC and AI infrastructure provider.
Starting in 2022, the company gained global visibility by supplying computing capacity to artificial intelligence developers and research institutions, aligning with the explosive growth of generative AI. CoreWeave secured major funding rounds, enabling continued expansion of its infrastructure and operational footprint.
From 2020 to 2024, the company accelerated development through hardware partnerships and new data-center deployments across multiple regions, strengthening its position in the high-performance cloud infrastructure market.
CoreWeave continues to invest in advanced computing environments and remains one of the leading specialized providers of GPU-accelerated cloud services for AI and HPC workloads.
Additional Information
The Company CoreWeave, Inc. Class A Common Stock (United States), is listed on Nasdaq with a market cap of $ 43.96 Billions, having an equity of $ 3.88 Billions.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 4.31 Billions, which generated a loss in the amount of $ -766.65 Millions.
As for its main indicators, the Company has a P/E ratio of -57.35, a P/BV ratio of 11.34 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker CRWV.