YouTube09 May 2024
5m

CoreWeave CEO Michael Intrator discusses the competitive AI landscape

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CNBC Television

CoreWeave CEO Michael Intrator discusses the company's strategic expansion following a $1.1 billion funding round that valued the specialized cloud provider at $19 billion. As a key partner to NVIDIA, CoreWeave is doubling its data center footprint from 14 to 28 locations globally this year, including new facilities in London, Spain, and the Nordics. Unlike legacy hyperscalers designed for general-purpose computing, CoreWeave utilizes a purpose-built software and hardware stack specifically engineered for large-scale, parallelized AI workloads such as model training and inference. This specialized infrastructure allows the company to serve diverse clients—ranging from major AI labs and enterprise consumers to partnerships with incumbents like Microsoft—by prioritizing performance and flexibility for the modern artificial intelligence revolution.

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