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CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO


CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.

Sitting in an ordinary white hoodie in a bland conference room, and talking with a detectable Jersey accent, Chief Strategy Officer Brian Venturo told TechCrunch that he feels very lucky. He had been working as portfolio manager for the energy industry hedge fund, Hudson Ridge, founded by CoreWeave cofounder and CEO Michael Intrator. Today CoreWeave has 32 data centers and 250,000 GPUs, including Nvidia’s difficult to obtain Blackwell chips, which supports AI reasoning, the company says.

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