More details: See hereAhead of a plan to go public, rising AI cloud provider CoreWeave reveals fast-growing revenue from a 'limited number of customers,' including Microsoft, and how it has scaled GPU-powered data centers over the last three years to compete with rivals such as Amazon Web Services.
CoreWeave is part of a group of smaller cloud service providers focused on developing AI services that are primarily powered by Nvidia GPUs, and the company said it often beats rivals when it comes to launching services based on new chips and systems like Nvidia's Grace Blackwell GB200 NVL72 rack-scale server platform.
In the S-1 filing, CoreWeave said its proprietary software and cloud services "deliver the software and software intelligence needed to manage complex AI infrastructure at scale."
"Our platform supports the development and use of ground-breaking models and the delivery of the next generation of AI applications that are changing the way we live and work across the globe," the company wrote.
What follows are seven highlights from CoreWeave's S-1, including how much revenue it makes from top customers such as Microsoft, how its revenue and net losses have grown over the last three years and its direct sales strategy.
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