Nvidia backs CoreWeave as executives cash out

[mendez]

CoreWeave’s AI-focused transformation is now attracting both strategic partners and major liquidity events.

Nvidia’s $2 billion equity investment underscores CoreWeave’s role as a critical supplier of GPU infrastructure for AI workloads. Industry analysts say the deal strengthens CoreWeave’s position as a neutral alternative to hyperscale cloud providers.

The growth has also delivered windfalls internally. Since its IPO last March, CoreWeave executives have generated an estimated $1.6 billion in proceeds from stock sales, according to The Miner Mag.

The company’s trajectory highlights how early crypto-era infrastructure is now being monetized in the AI boom.

[bonk]

kind of wild that these smaller players are now a real alternative to aws/google, feels like the cloud game is opening up