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#neocloud
fromInfoWorld
1 week ago
Artificial intelligence

Should you jump for a neocloud?

Neoclouds are AI-focused cloud platforms using GPU-optimized infrastructure to lower AI compute costs and challenge AWS, Azure, and Google Cloud dominance.
fromInfoWorld
1 week ago
Artificial intelligence

The dazzling appeal of the neoclouds

Neoclouds are AI-optimized, GPU-focused cloud platforms that lower AI compute costs and performance inefficiencies, challenging hyperscale cloud providers while introducing integration trade-offs.
more#neocloud
from24/7 Wall St.
2 weeks ago

Already Up 322%, Can CoreWeave Hit $400 by 2028?

CoreWeave started life in 2017 as Atlantic Crypto, mining Ethereum with racks of GPUs, but the real acceleration hit in 2024, driven by deals with AI labs and enterprises needing scalable compute without building their own data centers. Revenue jumped from $229 million in 2023 to $1.9 billion. The March IPO priced at $40 per share but debuted flat at $23 billion valuation amid market jitters. Shares bottomed at $33 in April before rocketing 322% on AI hype, peaking at $187 per share in June.
Artificial intelligence
Artificial intelligence
fromTheregister
3 weeks ago

CoreWeave woos enterprises with serverless RL suite

CoreWeave launched a Serverless RL platform enabling faster, cheaper enterprise reinforcement learning via distributed serverless GPUs and pay-per-token fine-tuning.
fromFast Company
1 month ago

Microsoft signs AI infrastructure deal with Nebius Group in a deal worth $17.4 billion

Nebius Group said on Monday it will provide Microsoft with GPU infrastructure capacity, in a deal worth $17.4 billion, over a five-year term, sending its shares soaring over 47% after the bell. The deal underscores the surging demand for high-performance AI computers, as companies invest heavily to bolster their AI infrastructure. Microsoft may also acquire additional services capacity under the deal, bringing the total contract value to about $19.4 billion.
Artificial intelligence
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