Alternative clouds are booming as companies seek cheaper access to GPUs

The appetite for alternative clouds has never been bigger. Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $1.1 billion in new funding from investors including Coatue, Fidelity and Altimeter Capital. The round brings its valuation to $19 billion post-money, and its total raised to […]

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source https://techcrunch.com/2024/05/05/coreweaves-1-1b-raise-shows-the-market-for-alternative-clouds-is-booming/
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