One of the most fascinating aspects of the AI boom is its impact on nearly every sector; some took a hit while others flourished.
Coreweave is an organization that has flourished thanks to AI. Since its inception as Atlantic Crypto in 2017, the organization has found its way into the AI race. Now selling GPU infrastructure tailored to run AI/ML systems.
This does not seem to be sheer luck, as Coreweave’s management has pulled another strategic maneuver: Its AI-venture fund. And the positioning is brilliant-
Early-stage companies get access to funds and computing power on par with Nvidia (something that takes months or years of waiting lists to get into)
But the real kicker is this: after the announcement, Coreweave’s stock increased 9%, which comes after a rocky couple of weeks.
The future of AI might be uncertain or slow for now, but the investments seem to be paying off exactly how investors intended, exponentially.
If Coreweave’s competitor, Nebius’ multi-billion dollar deal with Microsoft, has anything to say, organizations that support AI are looking at a wild and unpredictable future, but one with immense growth and capital potential.
