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CoreWeave, which provides cloud infrastructure for AI training, secures $2.3B loan

As organizations rush to embrace AI, it's putting the cloud or clouds, rather under strain. Amazon Web Services, Microsoft, Google and Oracle, facing an unprecedented spike in demand for the server chips that train and run AI-powered software, are limiting their availability for customers. Microsoft has been particularly candid about its struggles, warning of service disruptions if it can't get enough AI chips for its data centers.

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CoreWeave, a GPU-focused cloud compute provider, lands $221M investment

CoreWeave, an NYC-based startup that began as an Ethereum mining venture, has secured a large tranche of funding as it continues to transition to a general-purp

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