CoreWeave announced an agreement to acquire Core Scientific to increase control of AI data-center infrastructure and power capacity; transaction status and completion should be verified in subsequent filings.
SourcePublic company, workplace, funding, and market signals
Updated Aug 5, 2026
CoreWeave is a publicly traded AI hyperscaler (Nasdaq: CRWV) providing purpose-built cloud infrastructure, software, and services for large-scale AI training and inference. It serves AI labs, startups, and enterprises and became public in March 2025.
Primary product
CoreWeave Cloud: NVIDIA GPU- and CPU-accelerated compute with Kubernetes, storage, networking, bare metal, managed services, observability, and AI inference/training tooling.
Founded
2017
Headquarters
290 W Mt Pleasant Ave, Suite 4100, Livingston, New Jersey 07039, United States
Team size
Approximately 1,900–2,100 employees (public directory estimates; 881 at year-end 2024 and roughly 1,937–2,028 in 2026 estimates)
Work style
Flexible
Industry
Technology, Information and Internet
Sub-industry
AI cloud infrastructure / GPU cloud / high-performance computing
Offices
Business model
Stage
Public company; post-IPO growth financing
Total raised
$14.5B
Latest round
Post-IPO investment/private placement · Apr 2026
Latest amount
$1B
May 2026
Apr 2026 · Jane Street
Mar 2026 · Blackstone Credit & Insurance
Jan 2026 · NVIDIA
Mar 2025 · Morgan Stanley, J.P. Morgan and Goldman Sachs
Mar 2025 · Stack Capital Group
Nov 2024 · Jane Street, Magnetar, Fidelity Management and Macquarie Capital
Oct 2024 · Morgan Stanley and Goldman Sachs
GPU infrastructure-backed debt financing
May 2024 · Blackstone and Magnetar
May 2023 · Magnetar Capital
Feb 2019
Leadership
Mike Intrator
Chief Executive Officer and Co-founder
Brian Venturo
Chief Strategy Officer and Co-founder
Brannin McBee
Chief Development Officer and Co-founder
Peter Salanki
Chief Technology Officer and Co-founder
Nitin Agrawal
Chief Financial Officer
Chen Goldberg
Executive Vice President, Product & Engineering
Sachin Jain
Chief Operating Officer
Michelle O’Rourke
Chief People Officer
Kristen McVeety
General Counsel
Max Hjelm
Executive Vice President, Strategic Deals
Jean English
Chief Marketing Officer
Sandy Venugopal
Chief Information Officer
James Higgins
Chief Information Security Officer
Jeff Baker
Chief Accounting Officer
Jon Jones
Chief Revenue Officer
Company materials emphasize continuous learning, ownership, empowerment, customer obsession, collaboration, entrepreneurial thinking, and solving difficult infrastructure problems. Recruiting evidence indicates a fast-paced, operationally demanding environment; work location varies by role, with data-center, hardware, and some network roles requiring onsite work.
Work style
Flexible
Visa sponsorship
Limited
Compensation
Public job postings show role-specific base salaries plus discretionary bonus, equity awards, and benefits. One technical-support posting listed a $122,000–$163,000 U.S. base range; third-party estimates suggest substantially higher total compensation for senior infrastructure and software roles, but those estimates are not official.
Benefits
Pricing
GPU/CPU usage pricing with On-Demand, Reservations, Spot, and Flex Reservations; dedicated and enterprise contract pricing is negotiated. CoreWeave advertises no ingress or egress charges for relevant cloud usage.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Approximately $5–6.5 billion annual revenue; reported FY2025 revenue was $5.131 billion and a third-party profile reported $6.23 billion trailing twelve-month revenue as of 2026-03-31.
CoreWeave announced an agreement to acquire Core Scientific to increase control of AI data-center infrastructure and power capacity; transaction status and completion should be verified in subsequent filings.
SourceCoreWeave closed an $8.5 billion GPU-backed delayed-draw term-loan facility, illustrating both financing access and substantial capital intensity/leverage.
SourceThe company announced another $3.1 billion HPC-backed loan facility; debt-funded expansion and customer concentration remain material financial risks.
SourceCoreWeave Engineering Blog · Jul 2026
Described early Vera Rubin NVL72 deployment, liquid-cooling and observability work, and the company’s rack-scale AI infrastructure strategy.
CoreWeave · May 2026
Announced a strategic acquisition intended to vertically integrate data-center infrastructure and secure power capacity.
CoreWeave Investor Relations · May 2026
Announced a further HPC-backed facility for infrastructure dedicated to two large customer contracts.
Business Wire · Mar 2026
Closed an investment-grade-rated, GPU-backed delayed-draw term loan facility to fund contracted AI-cloud deployments.
CoreWeave Investor Relations · Feb 2026
Reported FY2025 revenue of $5.131 billion, $66.8 billion revenue backlog, and continued expansion of AI-cloud capacity.
292 jobs at CoreWeave