Not the same type of GaaS we saw last year: "Attention Estate Managers: Gamekeepers as a Service (it's a GaaS, GaaS, GaaS)".
From SiliconAngle, December 3:
CoreWeave secures minority investment led by Fidelity on $7B valuation
CoreWeave Inc. has sold a minority stake to investors led by Fidelity Management & Research LLC as the cloud computing provider continues to expand amid the ongoing growth in artificial intelligence.
Investment Management Corp. of Ontario, Jane Street Capital LLC, JPMorgan Asset Management, Nat Friedman, Daniel Gross, Goanna Capital LP and Zoom Ventures Partners LLC also participated in the deal. The amount raised in the deal was not disclosed, but Bloomberg reported today that the transaction valued CoreWeave at $7 billion, up from a $2 billion valuation when the company raised money in April.
“Our explosive growth trajectory has been recognized by top-tier institutional investors and this transaction highlights the differentiation our market-leading performance, significant technology advantage, and strong customer adoption is receiving in the market,” Michael Intrator, co-founder and chief executive of CoreWeave, said in a statement.
Founded in 2017, CoreWeave is a specialized cloud provider primarily focusing on scalable and cost-effective computing resources tailored to specific industries and applications. The company provides high-performance computing solutions, leveraging a large-scale Graphics Processing Unit infrastructure.
CoreWeave delivers access via Nvidia Corp.’s high-performance data center GPU technology, including the Nvidia H100 Tensor Core (part of the Nvidia HGX H100 platform) via cloud clusters. CoreWeave customers can also access other Nvidia cards such as A100, A40s and RTX A6000s.
The company’s products enable more efficient and powerful computing capabilities for tasks that require significant processing power, such as 3D rendering, machine learning and AI model training. CoreWeave claims to have one of the largest HGX clusters in the world and supports more than 3,500 Nvidia H100 GPUs in its supercomputer infrastructure....
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