The company at the heart of the AI bubble
SMRTR summary
CoreWeave, a New Jersey company that pivoted from Ethereum mining to AI infrastructure, has become a $50 billion pillar of the AI boom through creative financing schemes. The former crypto miner now leases Nvidia GPU-powered data centers to major AI companies, securing tens of billions in contracts this year alone.
SMRTR provides this summary for quick context. The original article belongs to The Verge.
Read the original article