Discover how Executa simplifies integrating AI into your business for smarter automation

The concern with CoreWeave’s 250,000 Nvidia chips ahead of its IPO

Click here to go back to our blog page

The concern with CoreWeave’s 250,000 Nvidia chips ahead of its IPO

Summary

With 250,000 highly-desired Nvidia graphics processors, CoreWeave has become one of the most prominent “GPU clouds” The company hopes investors will value its status when it debuts on the public markets. The company says it has a long-term vision for the future of the graphics chip market.

But for now, the company is just trying to make a profit, it says. The firm has raised $20 million in funding.

It has raised more than $100 million in total. It hopes to raise another $50 million in the next few months, the firm says.

For more, go to: http://www.cnn.com/2013/01/28/business/technology/core-weave-graphics-partner/story.html#storylink=cpy. For confidential support, call the Samaritans on 08457 90 90 90, visit a local Samaritans branch or see www.samaritans.org, or click here for details.

Full Article

With 250,000 highly-desired Nvidia graphics processors, CoreWeave has become one of the most prominent “GPU clouds,” a status it hopes investors will value when it debuts on the public markets.
But … [+5150 chars]

Source: CNBC

Let's talk AI.

Innovative AI solutions designed to streamline, optimize, and drive business growth.