Tag: gpu computing
CoreWeave has announced a significant $14 billion deal with Meta Platforms to provide AI infrastructure, signaling a major shift in the competitive landscape for specialized cloud computing. This agreement underscores Meta's strategy to secure substantial compute resources for its ambitious AI development, while positioning CoreWeave as a key player in the high-demand AI hardware sector.
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Nvidia-backed CoreWeave has experienced a remarkable 100% surge since its IPO, driven by intense investor confidence in AI demand, which appears to be overshadowing concerns about its business model.
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