Cryptocurrency Analysis and News Portal
Microsoft has reportedly signed a deal with former Ethereum miner CoreWeave to use its cloud computing infrastructure to support its Artificial Intelligence-powered services. According to a June 1 report from CNBC which cites “people with knowledge of the matter,” Microsoft is potentially set to spend billions of dollars on the
Read More
An unconfirmed report states Microsoft and CoreWeave have entered a business partnership worth billions of dollars, to support AI advancement. Microsoft Corporation (NASDAQ: MSFT) is reportedly diving deeper into the AI space and is partnering with specialized cloud provider CoreWeave on a deal worth billions of dollars. The tech giant is
Read More
On Apr. 20, specialized cloud provider CoreWeave announced that it had secured $221 million in a Series B funding round, putting the company on track to expand operations and increase capacity in various emerging technologies. The raise was led by Magnetar Capital with contributions from NVIDIA and rounded out by Nat
Read More
CoreWeave, which primarily provides cloud services, applies computing power unused by its cloud clients to mine ether. In total, the company operates over 1,200 GH of ETHash [Ethereum’s mining algorithm] equivalent hashrate, or computing power, making it one of the largest Ethereum miners in North America, according to an emailed
Read More