CoreWeave stock rips higher
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Stocks traded higher Wednesday ahead of an announcement on tariffs, during what President Donald Trump has dubbed “Liberation Day.” The White House said Trump will unveil the tariffs on U.S. trading partners at 4 p.
CoreWeave achieved 12,000%+ revenue growth to $1.92B in 2024 with 70-80% GPU utilization.
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Google is in advanced talks to rent state-of-the-art Nvidia Blackwell chips for running artificial intelligence from CoreWeave, an upstart cloud provider, according to two people briefed about the situation.
CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.
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Artificial intelligence startup CoreWeave's shares closed up 42% at $52.57 on Tuesday, their third day of trading, above their initial public offering price of $40.
AI tokens, including NEAR, ICP, TAO and RENDER rose on Tuesday after OpenAI announced the closing of its record-breaking private funding round the day prior.
Nebius's diversified revenue streams, lack of debt, and positioning in Europe make it a clear buy over CoreWeave. Learn more about NBIS stock here.
The start-up, which provides the processing power to help develop A.I. systems, faces questions about its debt and the overall economy.