Business and Finance
Source: (remove) : TechCrunch
RSS • JSON • XML • CSV
Business and Finance
Source: (remove) : TechCrunch
RSS • JSON • XML • CSV
Sat, March 29, 2025
[ Today @ 02:00 PM ] - TechCrunch
CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO
[ Today @ 10:20 AM ] - TechCrunch
Here are Africa's biggest startups based on valuation
Wed, March 26, 2025
[ Last Wednesday ] - TechCrunch
Has GetReal cracked the code on AI deepfakes? $18M and an impressive client list say yes
[ Last Wednesday ] - TechCrunch
19 founders and VCs working with Elon Musk's DOGE
[ Last Wednesday ] - TechCrunch
Has GetReal cracked the code on AI deepfakes? $18M and an impressive client list says yes
Sun, March 23, 2025
[ Last Sunday ] - TechCrunch
The 20 hottest open source startups of 2024
Mon, March 10, 2025
[ Mon, Mar 10th ] - TechCrunch
Rocket Companies to acquire Redfin for $1.75B
Thu, March 6, 2025
[ Thu, Mar 06th ] - TechCrunch
Turing, a key coding provider for OpenAI and othe .. LLM producers, raises $111M at a $2.2B valuation
Sat, February 22, 2025
[ Sat, Feb 22nd ] - TechCrunch
Augury and Hightouch are in the unicorn club
Tue, February 11, 2025
[ Tue, Feb 11th ] - TechCrunch
Lyft to launch Mobileye-powered robotaxis 'as soon as 2026,' starting with Dallas
Sat, February 8, 2025
[ Sat, Feb 08th ] - TechCrunch
European AI startups raised $8B in 2024
[ Sat, Feb 08th ] - TechCrunch
Pinterest lists DEI attacks as possible business risk in latest filing
Wed, January 29, 2025
[ Wed, Jan 29th ] - TechCrunch
Solar startup Niko is building Mexico's first virtual power plant
Fri, January 24, 2025
[ Fri, Jan 24th ] - TechCrunch
TechCrunch Disrupt 2025 tickets now on sale: Lowest rates ever
Sat, January 18, 2025
[ Sat, Jan 18th ] - TechCrunch
EV startup Canoo files for bankruptcy and ceases operations
Sun, December 29, 2024
[ Sun, Dec 29th 2024 ] - TechCrunch
Google CEO says AI model Gemini will be the company's 'biggest focus' in 2025
[ Sun, Dec 29th 2024 ] - TechCrunch
Google CEO says AI model Gemini will the company's 'biggest focus' in 2025
Wed, December 11, 2024
[ Wed, Dec 11th 2024 ] - TechCrunch
Amazon is officially in the online car sales business

CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO


Published on 2025-03-29 14:00:52 - TechCrunch
  Print publication without navigation

  • CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.

The article from MSN Money discusses CoreWeave, a company that has evolved from a small-scale crypto mining operation into a significant player in the cloud computing industry, now valued at $15 billion and preparing for an IPO. Initially, CoreWeave was founded by three friends who started mining cryptocurrencies in a closet using GPUs. Over time, they pivoted from mining to providing cloud computing services, leveraging their hardware for AI and machine learning applications. This shift was catalyzed by the recognition that their infrastructure could be repurposed for more lucrative and stable markets. The co-founder, Brian Venturo, highlights how this transition was not just about following market trends but also about recognizing the potential in their existing assets. CoreWeave's growth has been fueled by the increasing demand for AI computing power, positioning them as a key provider in this space, with their upcoming IPO reflecting their substantial market validation and expansion.

Read the Full TechCrunch Article at:
[ https://www.msn.com/en-us/money/markets/coreweave-co-founder-explains-how-a-closet-of-crypto-mining-gpus-led-to-a-15b-ipo/ar-AA1BUnpC ]