AI
VAST Data’s $1.17 Billion Deal With CoreWeave Is A Leading Indicator
If there is one thing that the AI model builders and the neoclouds both agree on, it is that they do not want to worry about storage. …
CoreWeave
AI
Get Your Money For Nothing, Chips Definitely Not For Free
What’s the difference between Meta Platforms and OpenAI? The big one – and perhaps the most important one in the long run – is that when Meta Platforms does a deal with neocloud CoreWeave, it actually has a revenue stream from its advertising on various Web properties that it can pump back into AI investments while OpenAI is still burning money much faster than it is making it. …
AI
Field Of GPUs
“If you build it, they will come,” as we all learned from watching Field of Dreams two and a half decades ago. …
Cloud
To Beat Neocloud Rivals To OpenAI, CoreWeave Spends Like Crazy
Sometimes, when datacenter computing does a paradigm shift, things get cheaper, like the move to RISC/Unix systems in the 1990s, and then to X86 systems in the 2000s. …
Cloud
Only The Biggest Neoclouds Will Survive
There are definitely easier businesses to be in than operating a neocloud. …
AI
What A Tangled OpenAI Web We CoreWeave
Wouldn’t it be funny if all of that money that Microsoft spent last year paying neocloud upstart CoreWeave was just to support ever-embiggening AI training workloads at OpenAI as it makes its GPT models smarter? …
AI
CoreWeave’s 250,000-Strong GPU Fleet Undercuts The Big Clouds
CoreWeave, the upstart GPU cluster datacenter operator that was formerly a relatively small cryptocurrency miner based in Roseland, New Jersey, has filed its S-1 form with the US Securities and Exchange Commission to do an initial public offering. …
Compute
How To Make More Money Renting A GPU Than Nvidia Makes Selling It
It is not a coincidence that the companies that got the most “Hopper” H100 allocations from Nvidia in 2023 were also the hyperscalers and cloud builders, who in many cases wear both hats and who are as interested in renting out their GPU capacity for others to build AI models as they are in innovating in the development of large language models. …