In the past few months, spending on AI has skyrocketed.
Nvidia is making a $100 billion investment in open AI.
Amazon shares jumping today after the company announced a $38 billion partnership with open AI.
Anthropic is adding another $50 billion to its AI compute bill.
Nearly every big tech company has dedicated hundreds of billions of dollars to AI projects.
promising a transformational new era.
Most of them are names almost everyone knows.
Microsoft, Meta, OpenAI.
But right at the center of this boom is a company that isn't a household name.
It's called CoreWeave.
CoreWeave is this company that, too,
a lot of people kind of came out of nowhere like late last year,
earlier this year, but they're actually this kind of major player.
Our colleague Dan Gallagher reports on tech.
Even though they're a small company relative to these really big ones,
they are a major player in this particular realm of artificial intelligence, data center computing.
If you've ever used an AI product like ChatGPT,
chances are you've interacted with CoreWeave, but you wouldn't know it.
That's because the company provides the infrastructure for AI,
leasing out the super advanced chips that are needed to power this technology.