{"id":36364,"date":"2025-05-19T23:56:00","date_gmt":"2025-05-19T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=36364"},"modified":"2025-12-04T21:21:35","modified_gmt":"2025-12-04T13:21:35","slug":"gpu-farms-coreweave","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/","title":{"rendered":"How GPU farms CoreWeave make money?"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Company_Profile\" >Company Profile<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#History_of_the_company\" >History of the company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Founders\" >Founders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Initial_Public_Offering\" >Initial Public Offering<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Advantage_is_large_number_of_GPUs\" >Advantage is large number of GPUs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Using_GPUs_as_Collateral\" >Using GPUs as Collateral<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Datacenter\" >Datacenter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Service_provided\" >Service provided<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Shareholders\" >Shareholders<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Nvidia_is_the_major_shareholder\" >Nvidia is the major shareholder<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Well-known_AI_companies_as_shareholders\" >Well-known AI companies as shareholders<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Strategic_partnerships_and_key_customers\" >Strategic partnerships and key customers<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Strategic_partnerships\" >Strategic partnerships<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Microsoft\" >Microsoft<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Nvidia\" >Nvidia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#OpenAI\" >OpenAI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Meta\" >Meta<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Operational_Status\" >Operational Status<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Operations_since_the_company_was_founded\" >Operations since the company was founded<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Q1_2025_financial_results\" >Q1 2025 financial results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Business_Outlook\" >Business Outlook<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Capital_market_performance\" >Capital market performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Valuation\" >Valuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Stock_price_performance\" >Stock price performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Risk\" >Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_Profile\"><\/span>Company Profile<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"History_of_the_company\"><\/span>History of the company<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>When it was first established in 2016, the company called Atlantic Crypto focused on mining. Two years later, when cryptocurrency prices plummeted, they rebranded the company as <a href=\"https:\/\/www.coreweave.com\/\" target=\"_blank\" rel=\"noopener\">CoreWeave <\/a>and raised funds to buy as many GPU chips as possible from struggling \u201cminers.\u201d They pitched investors a plan to diversify from cryptocurrencies into high-end GPUs, hoping to build a business by \u201ctrading GPUs like commodities\u201d and betting they could repurpose the chips when cryptocurrency mining became unprofitable.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Founders\"><\/span>Founders<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The founders of CoreWeave are: Michael Intrator \u2013 CEO, Brian Venturo \u2013 CTO, Brannin McBee \u2013 Chief Strategy Officer.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Initial_Public_Offering\"><\/span>Initial Public Offering<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>CoreWeave went public on March 28, 2025, raising $1.5 billion, making it the largest AI-related IPO at the time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Advantage_is_large_number_of_GPUs\"><\/span>Advantage is large number of GPUs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Using_GPUs_as_Collateral\"><\/span>Using GPUs as Collateral<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>CoreWeave also uses Nvidia&#8217;s GPUs as collateral for debt financing. GPU is an important asset of CoreWeave, and it is also the infrastructure of the technology industry in the era of artificial intelligence.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Datacenter\"><\/span>Datacenter<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>CoreWeave has 32 data centers in the United States and Europe and approximately 800 employees.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Service_provided\"><\/span>Service provided<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>CoreWeave\u2019s main business is selling access to data centers and Nvidia\u2019s high-performance GPU chips, which have become the most sought-after resources in the race to develop AI applications. By building a large number of data centers, CoreWeave sells GPU computing power to technology companies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shareholders\"><\/span>Shareholders<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Nvidia_is_the_major_shareholder\"><\/span>Nvidia is the major shareholder<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In April 2023, Nvidia invested $100 million in CoreWeave at a valuation of $2 billion and owns a 4% stake in the company. CoreWeave makes up 78% of Nvidia&#8217;s investment portfolio.<\/p>\n\n\n\n<p>Earlier in September 2025, Nvidia signed a $6.3 billion contract with CoreWeave, under which Nvidia would buy back any idle cloud power from CoreWeave until April 2032.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Well-known_AI_companies_as_shareholders\"><\/span>Well-known AI companies as shareholders<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>CoreWeave co-founder and CEO Brian Intrator controls approximately 38% of the company&#8217;s voting rights, and the three founders together hold 30% of the company&#8217;s shares and 80% of the voting rights.<\/p>\n\n\n\n<p>Hedge fund Magnetar has 7% of the voting rights and Nvidia has 1%. The three co-founders together hold approximately 83% of the company&#8217;s voting rights through a dual-class share structure, ensuring significant control over company decisions.<\/p>\n\n\n\n<p>OpenAI also holds a stake in CoreWeave worth about $350 million. Other well-known technology companies that hold shares in the company include Salesforce, Oracle, Cisco, etc.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Strategic_partnerships_and_key_customers\"><\/span>Strategic partnerships and key customers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Strategic_partnerships\"><\/span>Strategic partnerships<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The company&#8217;s revenue reached $1.9 billion in 2024, with Microsoft accounting for 60% of that, and its top two customers accounting for a whopping 77%.<\/p>\n\n\n\n<p>Nvidia currently owns a 7% stake in cloud computing company CoreWeave, which leases significant data center capacity to OpenAI, Microsoft, and other AI companies.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Microsoft\"><\/span>Microsoft<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.reuters.com\/technology\/microsoft-withdrew-some-coreweave-agreements-over-delivery-issue-ft-reports-2025-03-06\/\" target=\"_blank\" rel=\"noopener\">Microsoft\u2014accounting for approximately 62% of CoreWeave\u2019s revenue by 2024<\/a>, highlighting the deep business relationship.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Nvidia\"><\/span>Nvidia<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Nvidia is CoreWeave&#8217;s second-largest customer. Earlier in September 2025, Nvidia signed a $6.3 billion contract with CoreWeave, under which Nvidia would buy back any unused cloud capacity from CoreWeave until April 2032.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"OpenAI\"><\/span>OpenAI<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In March 2025, OpenAI signed a five-year, $12 billion cloud computing contract, which included a $350 million private placement to acquire CoreWeave shares during its IPO. On September 25, 2025, CoreWeave announced a new $6.5 billion investment agreement with OpenAI, bringing the total value of the contract to $22.4 billion.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Meta\"><\/span>Meta<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Meta Platforms is one of CoreWeave&#8217;s major customers, leveraging its AI-optimized cloud infrastructure. On September 30, 2025, CoreWeave announced a new $14 billion AI cloud center agreement with Meta, sending its stock price soaring 16% at the opening bell that day.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Operational_Status\"><\/span>Operational Status<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Operations_since_the_company_was_founded\"><\/span>Operations since the company was founded<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The company still lost $863 million in 2024 and spent nearly $1 billion building new data centers to house artificial intelligence chips.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q1_2025_financial_results\"><\/span>Q1 2025 financial results<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Key points: Revenue surged 420% and losses widened; Microsoft contributed 62% of CoreWeave&#8217;s revenue in 2024.<\/li>\n\n\n\n<li>Revenue: In the quarter ended March 31, revenue reached US$981.6 million, a year-on-year decrease of 420% (US$188.7 million in the same period last year), far exceeding market expectations of US$853 million.<\/li>\n\n\n\n<li>Earnings per share: Net loss of $1.49, a widening of $314.6 million from $129.2 million a year ago, due in part to $177 million in stock-based compensation expenses related to the IPO.<\/li>\n\n\n\n<li>Business growth rate: The full-year revenue growth rate for 2024 is 737%. Although it slowed down this quarter, it still maintained a high triple-digit growth.<\/li>\n<\/ul>\n\n\n\n<p>The financial report performance far exceeded market expectations, showing that the demand for AI cloud infrastructure continued to be strong. CoreWeave&#8217;s stock price soared 22.09% on May 16.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_Outlook\"><\/span>Business Outlook<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>CEO Aidan Gomez said in an interview with Bloomberg TV on May 19, 2025 that the company&#8217;s revenue has more than doubled since the beginning of the year and is on the verge of profitability.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capital_market_performance\"><\/span>Capital market performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Valuation\"><\/span>Valuation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>After a $650 million secondary stock sale in November 2024, the company\u2019s valuation soared to $23 billion. On May 16, the stock market value had reached 30.61 billion US dollars.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_price_performance\"><\/span>Stock price performance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>CoreWeave surged 22.09% as of May 16, and its cumulative increase during the week was nearly 60%.<\/p>\n\n\n\n<p>CoreWeave surged 22.09% as of May 16, and its cumulative increase during the week was nearly 60%. As of May 22, the company&#8217;s stock price has risen 168% since its initial public offering (IPO) at $40 per share in late March.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risk\"><\/span>Risk<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>CoreWeave has a debt-to-equity ratio of 387%, a negative profit margin of 38.7%, a total debt of $11.9 billion, and only $1.28 billion in cash. Its business model is fraught with huge risks.<\/p>\n\n\n\n<p>60% of CoreWeave&#8217;s revenue comes from Microsoft, and 77% comes from its top two customers. CoreWeave must prove that it can continue to deliver satisfactory performance after the AI \u200b\u200bcraze, otherwise its stock price may plummet at any time.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"111\" height=\"90\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2025\/05\/Coreweave-Custom.jpg\" alt=\"CoreWeave\" class=\"wp-image-36375\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/09\/22\/seagate-comeback-ai\/\">Seagate comeback thanks to AI, No 1 S&amp;P 500 perform stocks YTD<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/08\/24\/ai-inference-chips\/\">AI inference chips vs. training chips<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/07\/06\/the-thinking-machine\/\">A must-read for Nvidia investors\uff02The Thinking Machine\uff02<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/28\/ai-data-center-no-cooling\/\">AI data center shows no signs of cooling down in the near future&#8221;<\/a><\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/08\/22\/applied-digital-make-money\/\">How does Applied Digital make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/30\/nebius-ai-data-center\/\">Nebius is the largest European AI data center<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/\">How GPU farms CoreWeave make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/\">How does Comfort Systems, unattractive business but amazing stock performance, make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/04\/data-center-a-rapidly-growing-semiconductor-field\/\">Data center, a rapidly growing semiconductor field<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/05\/31\/ai-benefits-industries\/\" target=\"_blank\" rel=\"noreferrer noopener\">Artificial intelligence benefits industries<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/20\/generative-ai-cost\/\" target=\"_blank\" rel=\"noreferrer noopener\">How Much Does Generative AI Cost?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/05\/23\/how-vertiv-make-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">How Vertiv, share price return 2.5 times of Nvidia, make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/05\/27\/vistra-a-turned-around\/\" target=\"_blank\" rel=\"noreferrer noopener\">Why did US largest electricity Vistra, a turned around company, share return higher than Nvidia?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/04\/06\/artificial-intelligence-listed-companies\/\" target=\"_blank\" rel=\"noreferrer noopener\">Top five lucrative artificial lucrative intelligence listed companies<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/05\/03\/supermicro-is-not-worth\/\" target=\"_blank\" rel=\"noreferrer noopener\">Supermicro, a repeat offender of scandals, valuation is not justified and unsustanable, no worth for long-term holding<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/02\/ai-bubble\/\" target=\"_blank\" rel=\"noreferrer noopener\">The artificial intelligence bubble in the capital market is forming<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/09\/ai-investment-trap\/\">Artificial intelligence investment trap<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/04\/11\/us-artificial-intelligence\/\">Major artificial intelligence companies in US stocks market<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/04\/03\/openai-and-chatgpt\/\">OpenAI, the Generative Artificial Intelligence rising star and ChatGPT<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/04\/06\/artificial-intelligence-listed-companies\/\" target=\"_blank\" rel=\"noreferrer noopener\">Top five lucrative artificial lucrative intelligence listed companies<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>CoreWeave\u2019s main business is selling access to data centers and Nvidia\u2019s high-performance GPU chips, which have become the most sought-after resources in the race to develop AI applications.<\/p>\n","protected":false},"author":1,"featured_media":36375,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1492,104,127],"tags":[1493,169,971],"class_list":["post-36364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-datacenter","category-artificial-intelligence","category-cloud-computing","tag-crwv","tag-nvda","tag-openai"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/36364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=36364"}],"version-history":[{"count":28,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/36364\/revisions"}],"predecessor-version":[{"id":40505,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/36364\/revisions\/40505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/36375"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=36364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=36364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=36364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}